HB 4962 Illinois House · 96th Regular Session

PEN CD-SERS-FURLOUGH CREDITS

Summary
Amends the State Employee Article of the Illinois Pension Code. Allows a member to establish service credit for up to 12 days of voluntary or involuntary furlough used to address a State fiscal emergency. Requires employee contributions, plus an amount determined by the Board to be equal to the employer's normal cost of the benefit, plus interest at the actuarially assumed rate. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Jan 2010
Committee Review
Floor Vote
Governor
Introduced Jan 15, 2010 Last action Jan 11, 2011
Floor votes

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Full legislative history

Actions timeline

Total actions
9
Key actions
0
Committee
3
Jan 11, 2011
House · Failed
Session Sine Die
Mar 15, 2010
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 23, 2010
House · Referred to committee
Assigned to Executive Committee
Jan 15, 2010
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Raymond Poe
Raymond Poe
RRepublican
IL
99