98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB5818

 

Introduced , by Rep. Darlene J. Senger

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/15-155.1 new
40 ILCS 5/16-157.1 new

    Amends the State Universities and Downstate Teacher Articles of the Illinois Pension Code. Provides that any new provision that shifts costs under either of those Articles from the State to the actual employer may not take effect until the cost shift has been approved by the affected voters at referendum. Effective immediately.


LRB098 17791 EFG 52913 b

FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5818LRB098 17791 EFG 52913 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by adding
5Sections 15-155.1 and 16-157.1 as follows:
 
6    (40 ILCS 5/15-155.1 new)
7    Sec. 15-155.1. Cost-shift referendum. A new provision that
8shifts costs under this Article from the State to the actual
9employer may not take effect until the cost shift has been
10approved by the affected voters at referendum.
 
11    (40 ILCS 5/16-157.1 new)
12    Sec. 16-157.1. Cost-shift referendum. A new provision that
13shifts costs under this Article from the State to the actual
14employer may not take effect until the cost shift has been
15approved by the affected voters at referendum.
 
16    Section 99. Effective date. This Act takes effect upon
17becoming law.