Bill Title: Amends the Downstate Teacher Article of the Illinois Pension Code. In a provision relating to employer contributions based on certain increases in teacher salary, changes the threshold increase from 6% to an amount based on the consumer price index. Exempts increases under collective bargaining agreements in effect on February 1, 2015. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-10-10 - Pursuant to Senate Rule 3-9(b) / Referred to Assignments [SB1221 Detail]

Text: Latest bill text (Introduced) [HTML]

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