PEN CD-COMPTROLLER INTERCEPT
Summary
Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Beginning in fiscal year 2021, sets a separate Comptroller intercept schedule for payments of State funds to pension funds that have assets in trust that exceed 5 years of current liabilities. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2017
Last action Jan 9, 2019
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
4
Mar 17, 2017
Committee
Rule 3-9(a) / Re-referred to Assignments
upper
Feb 9, 2017
Upper · Passed
To Subcommittee on Pensions
upper
Jan 24, 2017
Committee
Assigned to Executive
upper
Jan 11, 2017
Committee
Referred to Assignments
upper
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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