<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2197         </title>
<shortdesc>PENCD-SURS-EMPLOYER NORMAL CST</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kyle McCarter-Dan McConchie</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/15-155</reference><aliasreference>from Ch. 108 1/2, par. 15-155</aliasreference><reference>40 ILCS 5/15-165</reference><aliasreference>from Ch. 108 1/2, par. 15-165</aliasreference><reference>30 ILCS 805/8.41 new</reference><aliasreference></aliasreference><SynopsisText>Amends the State Universities Article of the Illinois Pension Code. Requires the actual employer to contribute an amount equal to the full employer's normal cost of the benefits earned under this System that result from employment by that employer, to be paid to the System on a payroll-by-payroll basis, using the percentage of earnings determined on a system-wide basis and certified by the System to all employers for use in the applicable fiscal year. Requires immediate and annual certification of the applicable percentage rate. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kyle McCarter</action>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>4/27/2017</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>4/28/2017</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Dan McConchie</action>
<statusdate>1/9/2019</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

