By: Brittany Flaherty Theis
Today, Governor Rauner approved House Bill 109 (the “budget bill”) and House Bill 3342 (the “budget implementation bill”). House Bill 109 became Public Act 100-586 and House Bill 3342 is now Public Act 100-587.
Last week Whitt Law noted that the budget implementation bill limits end-of-career salary increases to 3 percent for Teachers’ Retirement System members and State Universities Retirement System participants. This cap is lower than the 6 percent previously in effect. Contracts and collective bargaining agreements entered into, amended, or renewed on or after today’s date will be subject to the 3 percent limit. This provision of the budget implementation bill was discussed in more depth in our blog post here.
Please contact Whitt Law Attorney Brittany Flaherty Theis if you have any questions about this development.
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