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IL HB3432

Bill

Status

Failed

1/7/2025

Primary Sponsor

Dave Severin

Click for details

Origin

House of Representatives

103rd General Assembly

AI Summary

  • 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.

  • Service credit awarded under this provision requires no additional employee or employer contributions.

  • 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.

  • 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