SB 1158

  • Illinois Senate Bill
  • 95th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Pencd-Imrf-Amortizing Liablty

Abstract

Amends the Illinois Municipal Retirement Fund Article of the Illinois Pension Code. Provides that specified unfunded liabilities of participating municipalities shall be spread over the remainder of the period that is allowable under generally accepted accounting principles, except that the employer may provide for a longer period by adopting a resolution or ordinance specifying a 40-year period and submitting a certified copy of the ordinance or resolution to the fund. Effective immediately.

Bill Sponsors (1)

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Jan 13, 2009

Senate

Session Sine Die

Mar 16, 2007

Senate

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

Senate

Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules

Mar 14, 2007

Senate

Postponed - Pensions and Investments

Senate

Senate Committee Amendment No. 1 Postponed - Pensions and Investments

Mar 13, 2007

Senate

Senate Committee Amendment No. 1 Rules Refers to Pensions and Investments

Mar 09, 2007

Senate

Senate Committee Amendment No. 1 Referred to Rules

Senate

Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael Bond

Mar 07, 2007

Senate

Postponed - Pensions and Investments

Mar 01, 2007

Senate

Postponed - Pensions and Investments

Feb 21, 2007

Senate

Assigned to Pensions and Investments

Feb 08, 2007

Senate

Filed with Secretary by Sen. Michael Bond

Senate

Referred to Rules

Senate

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
Senate Amendment 001

Sources

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