SB 2366

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Pen Cd-Ctpf-Re-Employment

Abstract

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that a service retirement pensioner employed under a provision concerning subject shortage areas shall have deducted from the service retirement pensioner's salary an amount equal to 9% of that salary, which shall be contributed to the Fund as a sustainability contribution. Provides that the service retirement pensioner shall not earn service credit during that re-employment, and the service retirement pension benefit shall not be recalculated. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Bill Sponsors (1)

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Mar 31, 2023

Senate

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

Mar 30, 2023

Senate

Postponed - Senate Special Committee on Pensions

Mar 23, 2023

Senate

Rule 2-10 Committee Deadline Established As March 31, 2023

Mar 10, 2023

Senate

Rule 2-10 Committee Deadline Established As March 24, 2023

Feb 28, 2023

Senate

Assigned to Senate Special Committee on Pensions

Feb 10, 2023

Senate

Filed with Secretary by Sen. Robert F. Martwick

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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