Illinois Senate Bill 3127 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2015 - 100% progression
Action: 2015-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that beginning in State fiscal year 2015, the State shall make annual contributions to the Public School Teachers' Pension and Retirement Fund. Provides that for State fiscal year 2015, the contribution shall be $343,860,000 and that for each year thereafter, the Board of Trustees of the Fund shall certify to the Governor by January 15th the amount of the required State contribution to the Fund for the coming fiscal year. Requires the certified contribution to be equal to 10% of the contribution certified by the board of trustees of the downstate teachers retirement system for the coming fiscal year. Effective immediately.

PENS CD-CHI TEACHERS-REVENUE

Sen. Emil Jones [D]

Date	Chamber	Action
2015-01-13	Senate	Session Sine Die
2014-03-28	Senate	Rule 3-9(a) / Re-referred to Assignments
2014-02-27	Senate	To Subcommittee on Special Issues (EX)
2014-02-19	Senate	Assigned to Executive
2014-02-07	Senate	Referred to Assignments
2014-02-07	Senate	First Reading
2014-02-07	Senate	Filed with Secretary by Sen. Emil Jones, III

Chapter	Article	Section	Citation Type	Statute Text
40	5	17-127	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3127&GAID=12&DocTypeID=SB&SessionID=85&GA=98
Text	https://www.ilga.gov/legislation/98/SB/09800SB3127.htm