SB 459

  • Illinois Senate Bill
  • 102nd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Pencd-Indemnification & Report

Abstract

Amends the Illinois Pension Code. In the State Employee Article, provides that the System may indemnify a bank, savings and loan association, or other financial institution insured by an agency of the federal government as necessary to recover for the System any benefit overpayment that the System has made to the financial institution on behalf of a member. In the Social Security Enabling Act Article, repeals a provision requiring the submission of a report to the General Assembly covering the administration and operation of the Article during the preceding biennium. Effective immediately.

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Jan 10, 2023

Senate

Session Sine Die

Apr 16, 2021

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 10, 2021

Senate

Postponed - Pensions

Mar 03, 2021

Senate

Assigned to Pensions

Feb 23, 2021

Senate

Filed with Secretary by Sen. Robert F. Martwick

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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