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IL HB3432
Bill
Status
Failed
1/7/2025
Primary Sponsor
Dave Severin
Click for details
AI Summary
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Grants downstate teachers one additional day of service credit for each day earned during the Governor-declared COVID-19 public health emergency, effectively doubling service credit for that period.
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Service credit awarded under this provision requires no additional employee or employer contributions.
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Benefit increases resulting from this law are excluded from the definition of "new benefit increase" under Section 16-203, exempting them from funding and sunset requirements that normally apply to pension benefit expansions.
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Takes effect immediately upon enactment.
Legislative Description
PEN CD-TRS-SERVICE CREDIT
Last Action
Session Sine Die
1/7/2025
Committee Referrals
Rules3/10/2023
Personnel & Pensions2/23/2023
Rules2/17/2023
Full Bill Text
No bill text available