Michael Bond
- Democratic
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.
No votes to display
Session Sine Die
Rule 3-9(a) / Re-referred to Rules
Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Rules
Postponed - Pensions and Investments
Senate Committee Amendment No. 1 Postponed - Pensions and Investments
Senate Committee Amendment No. 1 Rules Refers to Pensions and Investments
Senate Committee Amendment No. 1 Referred to Rules
Senate Committee Amendment No. 1 Filed with Secretary by Sen. Michael Bond
Postponed - Pensions and Investments
Postponed - Pensions and Investments
Assigned to Pensions and Investments
Filed with Secretary by Sen. Michael Bond
Referred to Rules
First Reading
Bill Text Versions | Format |
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Introduced | HTML |
Document | Format |
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Senate Amendment 001 |
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