<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for SB 2203         </title>
<shortdesc>PENCD-STATE ACTUARY-FUNDING</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Kirk W. Dillard and Patricia Van Pelt</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/1-103.3</reference><aliasreference></aliasreference><reference>40 ILCS 5/2-124</reference><aliasreference>from Ch. 108 1/2, par. 2-124</aliasreference><reference>40 ILCS 5/2-134</reference><aliasreference>from Ch. 108 1/2, par. 2-134</aliasreference><reference>40 ILCS 5/14-131</reference><aliasreference></aliasreference><reference>40 ILCS 5/14-135.08</reference><aliasreference>from Ch. 108 1/2, par. 14-135.08</aliasreference><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>40 ILCS 5/16-158</reference><aliasreference>from Ch. 108 1/2, par. 16-158</aliasreference><reference>40 ILCS 5/18-131</reference><aliasreference>from Ch. 108 1/2, par. 18-131</aliasreference><reference>40 ILCS 5/18-140</reference><aliasreference>from Ch. 108 1/2, par. 18-140</aliasreference><SynopsisText>Amends the Illinois Pension Code. For the 5 State-funded retirement systems, requires the Board to follow the State Actuary's recommendations when making the final certification of the annual required State contribution. Changes the funding formula to achieve 100% funding in 30 years. Also makes technical changes. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/15/2013</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Kirk W. Dillard</action>
<statusdate>2/15/2013</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/15/2013</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/5/2013</statusdate><chamber>Senate</chamber><action>Assigned to Executive</action>
<statusdate>3/6/2013</statusdate><chamber>Senate</chamber><action>To Subcommittee on Special Issues (EX)</action>
<statusdate>3/14/2013</statusdate><chamber>Senate</chamber><action>Postponed - Subcommittee on Special Issues</action>
<statusdate>3/22/2013</statusdate><chamber>Senate</chamber><action>Rule 3-9(a) / Re-referred to Assignments</action>
<statusdate>4/16/2013</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Patricia Van Pelt</action>
<statusdate>1/13/2015</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

