Illinois General Assembly - Bill Status for SB1427

Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Provides that by paying specified required contributions, an employee who was laid off but returned to any State employment may establish creditable service for the period of the layoff, provided that (1) the applicant applies for the creditable service, (2) the applicant does not receive credit for that period under any other provision of the Code, (3) at the time of the layoff, the applicant is not in an initial probationary status consistent with the rules of the Department of Central Management Services, and (4) the total amount of creditable service established by the applicant does not exceed 3 years. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

Actions

Date	Chamber	Action
2/7/2023	Senate	Filed with Secretary by Sen. Win Stoller
2/7/2023	Senate	First Reading
2/7/2023	Senate	Referred to Assignments

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