Emil Jones
- Democratic
- Senator
- District 14
Primary
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2015, the State shall make annual contributions to the Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2015, the contribution shall be $343,860,000 and that for each year thereafter, the Board of Trustees of the Fund shall certify to the Governor by January 15th the amount of the required State contribution to the Fund for the coming fiscal year. Requires the certified contribution to be equal to 10% of the contribution certified by the board of trustees of the downstate teachers retirement system for the coming fiscal year. Effective immediately.
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Session Sine Die
Rule 3-9(a) / Re-referred to Assignments
To Subcommittee on Special Issues (EX)
Assigned to Executive
Filed with Secretary by Sen. Emil Jones, III
Referred to Assignments
First Reading
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