Dave Syverson
- Republican
- Senator
- District 35
Primary
Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that, if the retirement annuity to any annuitant whose final average salary includes salary for any service in a position requiring an administrative certificate under the School Code will exceed $150,000 in the first full year, the annuitant's employer shall pay to the System, in addition to all other required payments and in accordance with guidelines established by the System, the present value of the benefits exceeding $150,000 per year. Effective immediately.
No votes to display
Session Sine Die
Added as Chief Co-Sponsor Sen. Chris Lauzen
Filed with Secretary by Sen. Dave Syverson
First Reading
Referred to Rules
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| Introduced | HTML |
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