Illinois House Bill 3308 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on December 3 2014 - 100% progression
Action: 2014-12-03 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Downstate Teacher Article of the Illinois Pension Code. Directs the System to establish a self-managed plan. The plan applies only to teachers whose employers adopt the plan, and only to teachers who make an election to participate in the plan. Specifies the terms and contents of the plan and the method of electing to participate. Defines terms. Contains a new benefit increase exception. Makes conforming changes to the Retirement Systems Reciprocal Act (Article 20 of the Code). Effective immediately.

PENCD-TRS SMP

Rep. Thomas Morrison [R]

Date	Chamber	Action
2014-12-03	House	Session Sine Die
2013-03-22	House	Rule 19(a) / Re-referred to Rules Committee
2013-03-20	House	Pension Note Filed
2013-03-11	House	Assigned to Personnel and Pensions Committee
2013-02-26	House	Referred to Rules Committee
2013-02-26	House	First Reading
2013-02-26	House	Filed with the Clerk by Rep. Thomas Morrison

Chapter	Article	Section	Citation Type	Statute Text
40	5	16-153.6	New Code	See Bill Text
40	5	16-153.7	New Code	See Bill Text
40	5	16-203	Amended Code	Citation Text
40	5	20-121	Amended Code	Citation Text
40	5	20-123	Amended Code	Citation Text
40	5	20-124	Amended Code	Citation Text
40	5	20-125	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3308&GAID=12&DocTypeID=HB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/HB/09800HB3308.htm