Bill Status of SB 1919   98th General Assembly

Short Description:  PEN CD-CHI TCHR-STATE FUNDING

Senate Sponsors
Sen. Kwame Raoul

Last Action  View All Actions

DateChamber Action
  1/13/2015SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/17-129from Ch. 108 1/2, par. 17-129
30 ILCS 805/8.37 new

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. In a provision that reduces the required annual Board of Education contribution to the Fund by the amount of any State contribution, makes the reduction apply only if the Board of the Fund certifies that the total assets of the Fund are at least 90% of the total actuarial liabilities of the Fund as of June 30 of the previous fiscal year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/15/2013SenateFiled with Secretary by Sen. Kwame Raoul
  2/15/2013SenateFirst Reading
  2/15/2013SenateReferred to Assignments
  3/5/2013SenateAssigned to Executive
  3/6/2013SenateTo Subcommittee on Special Issues (EX)
  3/14/2013SenatePostponed - Subcommittee on Special Issues
  3/22/2013SenateRule 3-9(a) / Re-referred to Assignments
  1/13/2015SenateSession Sine Die

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