Bill Status of HB2493 96th General Assembly
Short Description: TRS-6%-INDUCTION/MENTORING
Rep. Michael K. Smith - Paul D. Froehlich - Thomas Holbrook, Edward J. Acevedo, Elizabeth Hernandez and Al Riley
| 1/11/2011||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that, when assessing payment for any amount due for earnings increases in excess of 6%, the System shall exclude payments for induction or mentoring. Effective immediately.