HB 4476

  • Illinois House Bill
  • 98th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-Defined Contrib-Recover

Abstract

Amends the General Assembly, State Employee, State Universities, and the Downstate Teacher Articles of the Illinois Pension Code. Provides that if the defined contribution plan becomes inoperative pursuant to law (currently, being terminated or becoming inoperative pursuant to law), then each participant will be automatically deemed to be a contributing Tier 1 participant and the System shall be entitled to recover the amounts in the participant's defined contribution accounts.

Bill Sponsors (1)

Votes


No votes to display

Actions


Dec 03, 2014

House

Session Sine Die

Feb 03, 2014

House

First Reading

House

Referred to Rules Committee

Jan 30, 2014

House

Filed with the Clerk by Rep. Jeanne M Ives

Bill Text

Bill Text Versions Format
Introduced HTML

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.