Rob Martwick
- Democratic
- Senator
- District 10
Primary
Amends the Deferred Compensation Article of the Illinois Pension Code. Provides that, after January 1, 2024, the deferred compensation plan shall provide for the recovery of the expenses of its administration by charging fees equitably prorated among the participating employers (instead of by charging administrative expenses against the earnings from investments or by charging fees equitably prorated among the participating State employees or by such other appropriate and equitable method as the Illinois State Board of Investment shall determine). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
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Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments
Rule 3-9(a) / Re-referred to Assignments
Rule 2-10 Committee/3rd Reading Deadline Established As May 17, 2024
Senate Committee Amendment No. 1 Assignments Refers to Appropriations
Rule 2-10 Committee Deadline Established As May 3, 2024
Senate Committee Amendment No. 1 Referred to Assignments
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
Rule 2-10 Committee Deadline Established As April 5, 2024
Assigned to Appropriations
Filed with Secretary by Sen. Robert F. Martwick
Referred to Assignments
First Reading
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Senate Amendment 001 | HTML PDF |
| Document | Format |
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| No related documents. |
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