Kyle McCarter
- Republican
Primary
Amends the General Assembly Article of the Illinois Pension Code. Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date of the amendatory Act. Beginning in fiscal year 2018, makes funding changes. Requires the Board to recalculate and recertify the amount of the State's required contribution for fiscal year 2018. Establishes a voluntary defined contribution plan for certain Tier 1 members and makes conforming changes in the Retirement Systems Reciprocal Act (Article 20 of the Code). Repeals provisions concerning a defined contribution plan added by Public Act 98-599, which has been held unconstitutional. Effective immediately.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
Postponed - Licensed Activities and Pensions
Rule 2-10 Committee Deadline Established As May 19, 2017
To Subcommittee on Special Issues (LA)
Added as Co-Sponsor Sen. William E. Brady
Added as Chief Co-Sponsor Sen. Christine Radogno
Chief Sponsor Changed to Sen. Kyle McCarter
Assigned to Licensed Activities and Pensions
Rule 2-10 Committee Deadline Established As May 12, 2017
Filed with Secretary by Sen. Christine Radogno
Referred to Assignments
First Reading
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