Elaine Nekritz
- Democratic
Amends the Illinois Pension Code. Makes changes concerning the composition of the boards of trustees of the retirement systems and pension funds. Provides for appointment to the boards of trustees of members who do not hold any other public office, who are not participants in the fund, and who have a minimum of 5 years of experience in the direct management, analysis, supervision, or investment of assets. Requires that all members of the boards of trustees who do not have a minimum of 5 years of experience in the direct management, analysis, supervision, or investment of assets must undergo annual financial training. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 1 Adopted in State Government Administration Committee; by Voice Vote
House Committee Amendment No. 1 Filed with Clerk by State Government Administration Committee
Motion Do Pass as Amended - Lost State Government Administration Committee; 005-005-000
Remains in State Government Administration Committee
Assigned to State Government Administration Committee
Referred to Rules Committee
First Reading
Filed with the Clerk by Rep. Elaine Nekritz
Bill Text Versions | Format |
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Introduced | HTML |
Document | Format |
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House Amendment 001 |
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