PEN CD-STATE SYS-DISCOUNT RATE
Summary
Amends the General Assembly, State Employee, State Universities, Downstate Teachers, and Judges Articles of the Illinois Pension Code. Provides that beginning in fiscal year 2019, the discount rate shall be the actual 30-year rolling rate of return experienced by the System. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2017
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2017
Last action Jan 8, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Jan 8, 2019
House · Failed
Session Sine Die
Mar 31, 2017
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 22, 2017
House · Referred to committee
Assigned to Personnel & Pensions Committee
Feb 10, 2017
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Peter Breen
RRepublican
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