Illinois 95th Regular Session Status: In Committee 1 R cosponsors

SB 480 — PEN CD-TRS-EMPLOYER CONTRIBUTN

Last action — Session Sine Die

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 95th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that, if the retirement annuity to any annuitant whose final average salary includes salary for any service in a position requiring an administrative certificate under the School Code will exceed $150,000 in the first full year, the annuitant's employer shall pay to the System, in addition to all other required payments and in accordance with guidelines established by the System, the present value of the benefits exceeding $150,000 per year. Effective immediately.

Bill Text

Action History

  1. Session Sine Die

  2. Added as Chief Co-Sponsor Sen. Chris Lauzen

  3. Referred to Rules

  4. First Reading

  5. Filed with Secretary by Sen. Dave Syverson

Sponsors

Sponsorship breakdown

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0 sponsors · 1 co-sponsors · 182 not signed on

Sponsors (0)

None.

Co-sponsors (1)

Not signed on (182)

182 members have not signed on to this bill.

Show all 182 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance labor education
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Frequently asked questions

What does SB 480 do?
Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that, if the retirement annuity to any annuitant whose final average salary includes salary for any service in a position requiring an administrative certificate under the School Code will exceed $150,000 in the first full year, the annuitant's employer shall pay to the System, in addition to all other required payments and in accordance with guidelines established by the System, the present value of the benefits exceeding $150,000 per year. Effective immediately.
Who sponsors SB 480?
SB 480 is sponsored by Dave Syverson (Republican).
What is the current status of SB 480?
This bill died with 95th Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 480?
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Last checked for changes 3 months ago · updated continuously

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