SB2547 96TH GENERAL ASSEMBLY

LRB096 16689 AMC 31973 b

96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
SB2547

Introduced 1/13/2010, by Sen. Deanna Demuzio

SYNOPSIS AS INTRODUCED:

40 ILCS 5/16-121

from Ch. 108 1/2, par. 16-121

Amends the Downstate Teacher Article of the Illinois Pension Code. Includes within the definition of "salary" any stipend awarded to a National Board Certified teacher (regardless of whether the teacher actually receives the stipend or the stipend is prorated due to budgetary reasons). Effective immediately.

FISCAL NOTE ACT MAY APPLY

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by changing Section 16-121 as follows:

(40 ILCS 5/16-121) (from Ch. 108 1/2, par. 16-121)

Sec. 16-121. Salary. "Salary": The actual compensation received by a teacher during any school year and recognized by the system in accordance with rules of the board and any stipend awarded to a National Board Certified teacher (regardless of whether the teacher actually receives the stipend or the stipend is prorated due to budgetary reasons). For purposes of this Section, "school year" includes the regular school term plus any additional period for which a teacher is compensated and such compensation is recognized by the rules of the board.

(Source: P.A. 84-1028.)

Section 99. Effective date. This Act takes effect upon becoming law.