SB 1926

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

Pen Cd-Chi Tchr-State Funding

Abstract

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that, beginning in State fiscal year 2014, the State shall make annual contributions to the Fund. For State fiscal year 2014, the contribution shall be $343,860,000. For each year thereafter, the Board shall certify to the Governor by December 15th the amount of the required State contribution for the coming fiscal year. The certified contribution shall be equal to 10% of the certified State contribution to the downstate Teachers' Retirement System. Effective immediately.

Bill Sponsors (1)

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Jan 13, 2015

Senate

Session Sine Die

Mar 22, 2013

Senate

Rule 3-9(a) / Re-referred to Assignments

Mar 14, 2013

Senate

Postponed - Subcommittee on Special Issues

Mar 06, 2013

Senate

To Subcommittee on Special Issues (EX)

Mar 05, 2013

Senate

Assigned to Executive

Feb 19, 2013

Senate

Added as Chief Co-Sponsor Sen. Napoleon Harris, III

Feb 15, 2013

Senate

Filed with Secretary by Sen. Emil Jones, III

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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