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IL HB4672
Bill
Status
3/3/2022
Primary Sponsor
William Davis
Click for details
AI Summary
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Amends Section 17-138 of the Illinois Pension Code regarding Board of Trustees membership elections for the Chicago Teachers' Pension Fund.
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Requires teacher elections to occur during the first week of November or as soon as possible thereafter, but no later than the third week of November.
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Changes administrator trustee elections beginning in November 2022 to occur during the first week of November or as soon as possible thereafter, but no later than the third week of November.
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Requires pensioner trustee elections to occur during the first week of November of each odd-numbered year or as soon as possible thereafter, but no later than the third week of November.
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Takes effect upon becoming law.
Legislative Description
PEN CD-CTPF-TRUSTEE ELECTIONS
Last Action
Alternate Chief Sponsor Changed to Sen. Cristina Castro
3/9/2022