92nd General Assembly
Status of HB0193
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 Full Text  Bill Summary

   40 ILCS 5/7-144.3         from Ch. 108 1/2, par. 7-144.3                    
   30 ILCS 805/8.25 new                                                        

        Amends the Illinois Municipal Retirement Fund (IMRF)  Article  of      
   the  Illinois  Pension  Code.  Increases the amount of money available      
   for supplemental  (13th  check)  benefits,  from  0.62%  to  0.80%  of      
   payroll.   Amends  the  State  Mandates  Act to require implementation      
   without reimbursement.  Effective immediately.                              
          PENSION NOTE (Pension Laws Commission)                               
          HB 193 would increase total contribution rates of all IMRF           
          employers by 0.18% of employee payroll. Based on FY 1999 pay-        
          roll of more than $3.9 billion, this would have amounted to a        
          $7.1 million increase in employer contributions. Contributions       
          from all employers totaled $379.2 million in FY 1999, with           
          $24.4 contributed for the supplemental benefits payment.             
   JAN-11-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-30-2001  H                        PENSION NOTE FILED                       
   JAN-30-2001  H                   COMMITTEE               RULES                 
   JAN-31-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary