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Senate Licensed Activites and Pensions
Tuesday, March 14, 2017, 1:00 PM CDT
Category: Events

SB630**

PENS CD-DWNST FIRE-ACT OF DUTY (AQUINO O) Amends the Downstate Firefighter Article of the Illinois Pension Code in a Section concerning disability arising in the line of duty. Provides that a firefighter shall be considered "on duty" and engaged in an "act of duty" while on any assignment approved by the chief of the fire department, including participation in training activities designed to enhance the skills and abilities of the firefighter, whether within or away from the municipality he or she serves as a firefighter, if the assignment is related to the fire protection service of the municipality. Provides that such activity shall... 

 

Report(s): My Hot Bills, My Tracked Bills, Pension Reform

SB778**

FOIA-PENSION INVESTMENTS (BISS D) Amends the Freedom of Information Act. In a provision establishing exemptions for disclosure under the Act, excludes from those exemptions the text of an agreement to invest in a private equity fund, hedge fund, or absolute return fund that is proposed or executed after January 1, 2018 and any modification to or amendment of such an agreement that modifies or alters any of the provisions. Provides that trade secrets in the text of the agreement are not subject to disclosure under the Act. Defines terms. Effective immediately. 

 

Report(s): My Hot Bills, My Tracked Bills, Pension Reform

SB779**

PEN CD-INVESTMENT DISCLOSURE (BISS D) Amends the General Provisions Article of the Illinois Pension Code in relation to investment transparency. Defines terms. Provides that within 90 days after entering into a new agreement to invest in an alternative investment fund, a public retirement system must disclose certain specified provisions of the agreement. Provides that a public retirement system shall require its alternative investment fund external managers and general partners to make certain annual disclosures concerning certain fees and expenses, in regard to each alternative investment fund. Provides that supplying a public r... 

 

Report(s): My Hot Bills, My Tracked Bills, Pension Reform

SB1570**

PEN CD-CTPF-PAYROLL RECORDS (MARTINEZ I) Amends the Chicago Teacher Article of the Illinois Pension Code. In a provision that requires Employers to submit payroll records and pension contributions within 30 calendar days after each predesignated payday and establishes penalties for delinquent submissions, requires the Fund to provide a written notice of delinquency to an Employer within 10 business days of the Fund's discovery of any payroll record that is not timely certified or submitted or any incomplete pension contribution. Prohibits the Fund from administering certain penalties if the Fund fails to provide the written notice of... 

 

Report(s): My Hot Bills, My Tracked Bills, Pension Reform


Contact: Rep. Martinez: (217) 782-8191