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IL SB3950
Bill
AI Summary
- Appropriates $1,780,767,000 from the General Revenue Fund to the Board of Trustees of the State Universities Retirement System for the State's contribution
- Appropriates $215,000,000 from the State Pensions Fund to the State Universities Retirement System pursuant to Section 8.12 of the State Finance Act
- Appropriates $7,282,374 from the Education Assistance Fund to the State Universities Retirement System for deposit into the Community College Health Insurance Security Fund
- Appropriates $37,560,255 from the General Revenue Fund for additional State Contributions to the Community College Health Insurance Security Fund
- Takes effect July 1, 2020, for the fiscal year beginning July 1, 2020, with total appropriations of $2,040,609,629
Legislative Description
$FY21 SURS OCE
Last Action
Session Sine Die
1/13/2021
Committee Referrals
Assignments2/21/2020
Full Bill Text
No bill text available