IL HB4684

Adds Section 15-155.1 to the Illinois Pension Code to establish enforcement procedures for collecting delinquent employer pension contributions.

Allows the Board to certify delinquent payments to the State Comptroller if an employer fails to transmit required contributions for more than 120 days, and the Comptroller must deduct these amounts from State payments to the employer.

Permits the Board to certify delinquent community college district payments to the county treasurer, who shall remit amounts collected from the district's tax revenue directly to the System.

Authorizes the Board to pursue legal action in circuit court to recover delinquent payments if State funds are unavailable or if deductions/remittances are delayed beyond 120 days after certification.

Takes effect upon becoming law.