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SB1450 - 104th General Assembly
PENCD-CTPF-SERVICE CALCULATION
Last Action
Statutes Amended In Order of Appearance
40 ILCS 5/17-114from Ch. 108 1/2, par. 17-114
Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that when computing days of validated service, contributors shall receive the greater of: (1) one day of service credit for each day for which they are paid salary representing a partial or a full day of employment rendered to an employer or the Board of Trustees of the Fund; or (2) 10 days of service credit for each 10-day period of employment in which the contributor worked 50% or more of the regularly scheduled hours (instead of one day of service credit for each day for which they are paid salary representing a partial or a full day of employment rendered to an employer or the Board).
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/31/2025 | Senate | Filed with Secretary by Sen. Robert F. Martwick |
| 1/31/2025 | Senate | First Reading |
| 1/31/2025 | Senate | Referred to Assignments |
| 2/11/2025 | Senate | Assigned to Pensions |
| 3/21/2025 | Senate | Rule 3-9(a) / Re-referred to Assignments |