HB 2061

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-New Hire-Salary

Abstract

Amends the Illinois Pension Code. Provides that if the amount of earnings of a participant or member of the specified pension systems or retirement funds exceeds the amount of his or her earnings with the same employer for the previous plan year by more than 12%, then that portion of the increase of salary in excess of 12% shall not be included in the calculation of any of the following, as is applicable: final average salary, highest average annual salary for any 4 consecutive years within the last 10 years of service immediately preceding the date of withdrawal, average final salary, final average compensation, or average salary. Effective July 1, 2011.

Bill Sponsors (1)

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Jan 08, 2013

House

Session Sine Die

Mar 17, 2011

House

Rule 19(a) / Re-referred to Rules Committee

House

House Committee Amendment No. 1 Tabled Pursuant to Rule 40

Mar 07, 2011

House

House Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee

Mar 01, 2011

House

House Committee Amendment No. 1 Referred to Rules Committee

House

House Committee Amendment No. 1 Filed with Clerk by Rep. Carol A. Sente

Feb 23, 2011

House

Assigned to Personnel and Pensions Committee

Feb 17, 2011

House

Filed with the Clerk by Rep. Carol A. Sente

House

Referred to Rules Committee

House

First Reading

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
House Amendment 001

Sources

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