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IL SB0175

Bill

Status

Introduced

2/9/2021

Primary Sponsor

Mattie Hunter

Click for details

Origin

Senate

102nd General Assembly

AI Summary

  • Amends Section 17-131 of the Illinois Pension Code regarding the Chicago Teachers' Pension Fund (CTPF).

  • Clarifies that when an Employer or the Board of Trustees makes employee pension contributions on behalf of employees (rather than the Board of Education), those contributions shall not be deducted from employee salaries.

  • Changes references from "Board of Education" to "Employer or the Board" to broaden which entities can make employee contribution pickups.

  • Allows employees to receive the full benefit of employer-paid contributions without having those amounts subtracted from their take-home pay.

Legislative Description

PEN CD-CTPF-CONTRIBUTIONS

Last Action

Rule 3-9(a) / Re-referred to Assignments

4/16/2021

Committee Referrals

Assignments4/16/2021
Pensions2/17/2021
Assignments2/9/2021

Full Bill Text

No bill text available