· IL legislature · 104th

PEN CD-GARS-FUNDING

Amends the General Assembly Article of the Illinois Pension Code. Provides that, in any fiscal year in which the total assets of the System are at least 90% of the total actuarial liabilities of the System, the minimum contribution by the State for that fiscal year shall be the System's normal cost for the fiscal ye…

Sponsor

Rob Martwick (D-IL)

Introduced

2025-01-31

Policy area

Economics and Public Finance

Latest action

Rule 3-9(a) / Re-referred to Assignments