SB 1299

  • Illinois Senate Bill
  • 99th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Pencd-State Systems-Opt Out

Abstract

Amends the Illinois Pension Code. In the General Assembly and Judges Articles, authorizes a participant to terminate his or her participation in those systems. In the Downstate Teachers, State Employees, and State Universities Articles, authorizes a person to elect not to participate or to terminate his or her participation in those systems. In all 5 systems, provides that an active participant terminating participation in the system shall be entitled to a refund of his or her contributions (other than contributions to the defined contribution plan or self-managed plan) plus interest, minus any benefits received prior to terminating participation. Effective immediately.

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Jan 10, 2017

Senate

Session Sine Die

Oct 10, 2015

Senate

Pursuant to Senate Rule 3-9(b) / Referred to Assignments

May 15, 2015

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As May 31, 2015

Apr 24, 2015

Senate

Rule 2-10 Committee/3rd Reading Deadline Established As May 15, 2015

Mar 27, 2015

Senate

Rule 2-10 Committee Deadline Established As April 24, 2015

Mar 05, 2015

Senate

To Subcommittee on Governmental Operations

Feb 25, 2015

Senate

Assigned to Executive

Feb 18, 2015

Senate

Filed with Secretary by Sen. Kyle McCarter

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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Sources

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