Carol A. Sente
- Democratic
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.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
House Committee Amendment No. 1 Tabled Pursuant to Rule 40
House Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee
House Committee Amendment No. 1 Referred to Rules Committee
House Committee Amendment No. 1 Filed with Clerk by Rep. Carol A. Sente
Assigned to Personnel and Pensions Committee
Filed with the Clerk by Rep. Carol A. Sente
Referred to Rules Committee
First Reading
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Introduced | HTML |
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House Amendment 001 |
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