Bill Text: IL HB5818 | 2013-2014 | 98th General Assembly | Introduced
Bill Title: Amends the State Universities and Downstate Teacher Articles of the Illinois Pension Code. Provides that any new provision that shifts costs under either of those Articles from the State to the actual employer may not take effect until the cost shift has been approved by the affected voters at referendum. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2014-12-03 - Session Sine Die [HB5818 Detail]
Download: Illinois-2013-HB5818-Introduced.html
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1 | AN ACT concerning public employee benefits.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Pension Code is amended by adding | ||||||||||||||||||||||||||
5 | Sections 15-155.1 and 16-157.1 as follows:
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6 | (40 ILCS 5/15-155.1 new) | ||||||||||||||||||||||||||
7 | Sec. 15-155.1. Cost-shift referendum. A new provision that | ||||||||||||||||||||||||||
8 | shifts costs under this Article from the State to the actual | ||||||||||||||||||||||||||
9 | employer may not take effect until the cost shift has been | ||||||||||||||||||||||||||
10 | approved by the affected voters at referendum.
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11 | (40 ILCS 5/16-157.1 new) | ||||||||||||||||||||||||||
12 | Sec. 16-157.1. Cost-shift referendum. A new provision that | ||||||||||||||||||||||||||
13 | shifts costs under this Article from the State to the actual | ||||||||||||||||||||||||||
14 | employer may not take effect until the cost shift has been | ||||||||||||||||||||||||||
15 | approved by the affected voters at referendum.
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16 | Section 99. Effective date. This Act takes effect upon | ||||||||||||||||||||||||||
17 | becoming law.
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