IL SB2802 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 17 2024 - 25% progression
Action: 2024-01-17 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the State Employee Article of the Illinois Pension Code. Provides that by paying specified required contributions, an employee who was laid off but returned to any State employment may establish creditable service for the period of the layoff, provided that (1) the applicant applies for the creditable service within 6 months after the effective date of the amendatory Act, (2) the applicant does not receive credit for that period under any other provision of the Code, (3) at the time of the layoff, the applicant is not in an initial probationary status consistent with the rules of the Department of Central Management Services, and (4) the total amount of creditable service established by the applicant does not exceed 3 years. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

Tracking Information

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Title

PEN CD-SERS-LAID OFF EMPLOYEES

Sponsors


History

DateChamberAction
2024-01-17SenateReferred to Assignments
2024-01-17SenateFirst Reading
2024-01-17SenateFiled with Secretary by Sen. Win Stoller

Code Citations

ChapterArticleSectionCitation TypeStatute Text
40514-104Amended CodeCitation Text
40514-152.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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