PENCD-ST SYS-FUNDING RATIO
Summary
Amends the Illinois Pension Code. Increases the prescribed funding ratio for the 5 State-funded retirement systems from 90% to 100%. Makes corresponding changes in the funding formula for each system. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2013
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2013
Last action Dec 3, 2014
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Mar 22, 2013
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Feb 13, 2013
Committee
Assigned to Personnel and Pensions Committee
lower
Feb 4, 2013
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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