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IL SB0843
Bill
Status
Engrossed
4/21/2015
Primary Sponsor
John Mulroe
Click for details
AI Summary
- Amends the Illinois Pension Code by adding Section 6-230 to address plan termination provisions for public employees
- Establishes that upon plan termination, a participant's interest in the Fund becomes non-forfeitable
- Amends the State Mandates Act by adding Section 8.39 to exempt this mandate from state reimbursement requirements
- Specifies that no state reimbursement is required for implementation of the changes made by this amendatory act
Legislative Description
PENCD-CHGO FIRE-TERMINATION
Last Action
Rule 19(a) / Re-referred to Rules Committee
5/31/2015
Committee Referrals
Rules5/31/2015
Personnel & Pensions5/19/2015
Executive5/18/2015
Personnel & Pensions5/14/2015
Rules4/21/2015
Executive3/3/2015
Assignments2/11/2015
Full Bill Text
No bill text available