SB 2203

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

Pencd-State Actuary-Funding

Abstract

Amends the Illinois Pension Code. For the 5 State-funded retirement systems, requires the Board to follow the State Actuary's recommendations when making the final certification of the annual required State contribution. Changes the funding formula to achieve 100% funding in 30 years. Also makes technical changes. Effective immediately.

Bill Sponsors (1)

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Jan 13, 2015

Senate

Session Sine Die

Apr 16, 2013

Senate

Added as Co-Sponsor Sen. Patricia Van Pelt

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 15, 2013

Senate

Filed with Secretary by Sen. Kirk W. Dillard

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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