Pension Reform Legislative Update

December 2, 2016 09:56 AM

House Amendment 3 to Senate Bill 2437 was filed on November 14, 2016 by Representative Barbara Flynn Currie in an effort to address concerns regarding the long-term solvency of the Laborers’ and Retirement Board Employees’ Annuity and Benefit Fund of Chicago.  On December 1, 2016, the Illinois House of Representatives passed House Amendment 6 to Senate Bill 2437.  The bill has not yet been called to a vote by the Senate. We will have more information when the General Assembly resumes session in January 2017.  Click here to follow the legislative activity and view a brief synopsis the Bill.

 

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