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IL HB3926
Bill
Status
1/8/2019
Primary Sponsor
James Durkin
Click for details
AI Summary
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Appropriates $1,321,685,000 from the General Revenue Fund to the Board of Trustees of the State Universities Retirement System for the State's contribution
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Appropriates $140,000,000 from the State Pensions Fund to the State Universities Retirement System pursuant to Section 8.12 of the State Finance Act
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Appropriates $0 from the Education Assistance Fund to the State Universities Retirement System for deposit into the Community College Health Insurance Security Fund for State contributions
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Total appropriation of $1,461,685,000 for ordinary and contingent expenses of the State Universities Retirement System for fiscal year beginning July 1, 2017
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Effective date is July 1, 2017, contingent upon Senate Bill 2063 of the 100th General Assembly (the Unbalanced Budget Response Act) becoming law
Legislative Description
$FY18 SURS OCE
Last Action
Session Sine Die
1/8/2019