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IL SB1354

Bill

Official Source

Status

Failed

1/9/2019

Primary Sponsor

Michael Hastings

Click for details

Origin

Senate

100th General Assembly

AI Summary

  • Increases Chicago Teachers' Pension Fund Board of Trustees from 12 to 13 members by adding one pensioner member.

  • Changes pensioner board representation from 3 to 4 members, to be elected every odd-numbered year for 2-year terms.

  • Requires pensioner candidates to be nominated by petition signed by at least 100 pensioners and filed by October 1 of odd-numbered years.

  • Amends State Mandates Act to exempt this bill from state reimbursement requirements for implementation.

  • Takes effect immediately upon becoming law.

Legislative Description

PEN CD-ART 17-BOARD MEMBERSHIP

Last Action

Session Sine Die

1/9/2019

Committee Referrals

Assignments8/4/2017
Licensed Activities And Pensions2/15/2017
Assignments2/9/2017

Full Bill Text

No bill text available