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SB1456Introduced in the Senate

PEN CD-BOARD MEMBER TRAINING

IntroducedSenate Assignments

Introduced by Robert Martwick, District 10

What does this bill do?

Plain-English breakdown

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Official description

Amends the General Provisions Article of the Illinois Pension Code. Provides that the amendatory Act may be referred to as the Pension Board Member Training Act. Provides that the Department of Insurance shall develop and implement a curriculum designed to provide pension board members with necessary education on specified topics, including legal and fiduciary responsibilities, investment strategies, ethical considerations, and actuarial assessments and reporting requirements. Provides that the curriculum shall be made available online to all pension board members. Requires every pension board member to complete the training provided by the Department on an annual basis. Provides that attendance at pension board meetings shall not be deemed to fulfill the annual training requirement. Sets forth provisions concerning definitions; Department responsibilities and rulemaking; and documentation.

Where it stands

Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments

July 2, 2025

How did lawmakers vote?

SenateStage: Senate Pensions Committee · April 9, 2025

9

Yes

0

No

1

Absent or Not Voting

10 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

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See how each senator voted

Bill history

  1. Filed with Secretary by Sen. Robert F. Martwick

  2. First Reading

  3. Referred to Assignments

  4. Assigned to Pensions

  5. Do Pass Pensions; 007-003-000

  6. Placed on Calendar Order of 2nd Reading March 20, 2025

  7. Senate Floor Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick

  8. Senate Floor Amendment No. 1 Referred to Assignments

  9. Senate Floor Amendment No. 1 Assignments Refers to Pensions

  10. Second Reading

  11. Placed on Calendar Order of 3rd Reading April 9, 2025

  12. Senate Floor Amendment No. 1 Recommend Do Adopt Pensions; 009-000-000

  13. Rule 2-10 Third Reading Deadline Established As May 9, 2025

  14. Senate Floor Amendment No. 2 Filed with Secretary by Sen. Robert F. Martwick

  15. Senate Floor Amendment No. 2 Referred to Assignments

  16. Senate Floor Amendment No. 2 Assignments Refers to Pensions

  17. Rule 2-10 Third Reading Deadline Established As May 23, 2025

  18. Rule 2-10 Third Reading Deadline Established As June 1, 2025

  19. Rule 3-9(a) / Re-referred to Assignments

  20. Senate Floor Amendment No. 2 Pursuant to Senate Rule 3-9(b) / Referred to Assignments

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