Loading chat...
IL SB2775
Bill
Status
Failed
1/13/2021
Primary Sponsor
Mattie Hunter
Click for details
AI Summary
- Amends Section 17-131 of the Illinois Pension Code regarding administration of payroll deductions for pension contributions
- Changes references from "Board of Education" to "Employer or the Board" to broaden application beyond school districts
- Establishes that pension deductions are made on basis of salary earned each pay period, excluding overtime and optional employment
- Specifies that salary adjustments for prior period errors must be separately identified with deductions applied at rates in force during the adjusted pay period
- Clarifies treatment of vacation pay as pensionable salary subject to standard pension contribution deductions
Legislative Description
PEN CD-CTPF-CONTRIBUTIONS
Last Action
Session Sine Die
1/13/2021
Committee Referrals
Rules3/4/2020
Assignments2/4/2020
Full Bill Text
No bill text available