40 ILCS 5/14-110 from Ch. 108 1/2, par. 14-110
Amends the State Employee Article of the Illinois Pension Code.
Provides that persons under the alternative (State police) retirement
formula may retire at any age with 25 years of eligible creditable
service. Effective immediately.
PENSION NOTE (Pension Laws Commission)
HB 1012 will increase the accrued liability of SERS by an
estimated $27.8 million. The increase in annual cost has not
been calculated but is expected to be minor.
FEB-13-2001 H FILED WITH CLERK
FEB-13-2001 H FIRST READING
FEB-13-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES
FEB-15-2001 H ASSIGNED TO COMMITTEE PERS PENSION
MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL
MAR-26-2001 H PENSION NOTE FILED
MAR-26-2001 H COMMITTEE RULES
JAN-07-2003 H SESSION SINE DIE
END OF INQUIRY
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