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IL HB0092
Bill
Status
Failed
12/3/2014
Primary Sponsor
David McSweeney
Click for details
AI Summary
- Amends the Illinois Pension Code by adding Section 2-101.1 regarding the General Assembly Retirement System (GARS)
- Prohibits participants from accruing any service credit on or after January 14, 2015
- Prevents any new members from becoming participants in the system on or after January 14, 2015
- Effectively closes the General Assembly Retirement System to new participation and stops benefit accruals for existing participants as of the specified date
Legislative Description
PEN CD-CLOSE GARS/END ACCRUALS
Last Action
Session Sine Die
12/3/2014
Committee Referrals
Rules3/22/2013
Personnel & Pensions1/30/2013
Rules1/9/2013
Full Bill Text
No bill text available