EMPLOYEE DEFERRAL PLAN Senate SponsorsSen. Jeffrey M. Schoenberg and Mattie Hunter-Carole Pankau-Dan Kotowski-Michael Noland 4/14/2011SenateThird Reading - Lost; 019-030-005 15 ILCS 405/26 newAmends the State Comptroller Act. Authorizes the State Comptroller to create, administer, manage, and operate a supplemental employee deferral plan to supplement and enhance the retirement income of employees of public school districts and community colleges. Sets forth the requirements for a supplemental employee deferral plan.Senate Committee Amendment No. 1 Further amends the State Comptroller Act. Provides that the Comptroller shall discharge his or her duties with respect to the supplemental employee deferral plan with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character with like aims. 2/9/2011SenateFiled with Secretary by Sen. Jeffrey M. Schoenberg 2/9/2011SenateFirst Reading 2/9/2011SenateReferred to Assignments 3/2/2011SenateAssigned to Pensions and Investments 3/10/2011SenatePostponed - Pensions and Investments 3/11/2011SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Jeffrey M. Schoenberg 3/11/2011SenateSenate Committee Amendment No. 1 Referred to Assignments 3/14/2011SenateSenate Committee Amendment No. 1 Assignments Refers to Pensions and Investments 3/16/2011SenateSenate Committee Amendment No. 1 Adopted 3/17/2011SenateDo Pass as Amended Pensions and Investments; 010-000-000 3/17/2011SenatePlaced on Calendar Order of 2nd Reading March 17, 2011 4/7/2011SenateAdded as Co-Sponsor Sen. Mattie Hunter 4/7/2011SenateAdded as Chief Co-Sponsor Sen. Carole Pankau 4/11/2011SenateAdded as Chief Co-Sponsor Sen. Dan Kotowski 4/11/2011SenateAdded as Chief Co-Sponsor Sen. Michael Noland 4/11/2011SenateSecond Reading 4/11/2011SenatePlaced on Calendar Order of 3rd Reading April 12, 2011 4/14/2011SenateThird Reading - Lost; 019-030-005