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IL HB4914

Bill

Official Source

Status

Introduced

2/13/2020

Primary Sponsor

Sue Scherer

Click for details

Origin

House of Representatives

101st General Assembly

AI Summary

  • Repeals Section 16-204 of the Illinois Pension Code, which required the Downstate Teacher Retirement System to offer an optional defined contribution benefit to active members.

  • Eliminates the mandate for the System to provide this optional benefit plan to its active members.

  • Takes effect immediately upon becoming law.

Legislative Description

PEN CD-TRS-OPTIONAL BENEFIT

Last Action

Rule 19(b) / Re-referred to Rules Committee

6/23/2020

Committee Referrals

Rules6/23/2020
Personnel & Pensions3/3/2020
Rules2/18/2020

Full Bill Text

No bill text available