Dave Vella
- Democratic
- Representative
- District 68
Primary
Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Provides that the annual employer contribution shall include an amount sufficient to bring the total assets of the pension fund up to 90% of the total actuarial liabilities of the pension fund by the end of municipal fiscal year 2050 (instead of 2040). Makes a conforming change. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Rule 19(a) / Re-referred to Rules Committee
Second Reading - Short Debate
Held on Calendar Order of Second Reading - Short Debate
Do Pass / Short Debate Personnel & Pensions Committee; 007-003-000
Placed on Calendar 2nd Reading - Short Debate
Assigned to Personnel & Pensions Committee
Added Co-Sponsor Rep. Laura Faver Dias
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Dave Vella
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| Introduced | HTML PDF |
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| No related documents. |
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