92nd General Assembly
Status of HB1064
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   40 ILCS 5/14-110          from Ch. 108 1/2, par. 14-110                     

        Amends the State Employee Article of the Illinois  Pension  Code.      
   Allows  an alternative formula employee to purchase credit for service      
   as a full-time law enforcement officer employed by the Chicago Transit      
   Authority.  Requires the applicant to pay both employee  and  employer      
   contributions, plus interest.  Effective immediately.                       
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 1064 cannot be determined, as the            
          amount of service credit that may be established for CTA             
          employment is unknown. The fiscal impact is estimated to be          
          minor as the alternative formula employee is required to make        
          the employee and employer (normal cost) contributions, plus          
          interest from the date of first employment as an alternative         
          formula employee to the date of payment.                             
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          40 ILCS 5/14-110                                                     
          Adds reference to:                                                   
          40 ILCS 5/2-110                 from Ch. 108 1/2, par. 2-110         
          40 ILCS 5/14-105.1              from Ch. 108 1/2, par. 14-105.1      
        Replaces everything.  Amends the Illinois Pension Code.  Provides      
   that  an  active  member of the General Assembly Retirement System may      
   transfer any part of his or her creditable service  accumulated  under      
   the   State  Employees  Retirement  System  to  the  General  Assembly      
   Retirement System.  Until July 1, 2003,  allows  GA  members  to  make      
   those  transfers  at  a  reduced  cost  by excluding certain interest.      
   Effective immediately.                                                      
   FEB-14-2001  H  FILED WITH CLERK                                               
   FEB-14-2001  H  FIRST READING                                                  
   FEB-14-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-16-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   FEB-27-2001  H                        PENSION NOTE FILED                       
   FEB-27-2001  H                   COMMITTEE               PERS PENSION          
   MAR-15-2001  H  PRIMARY SPONSOR CHANGED TO               STROGER               
   MAR-16-2001  H                             AMENDMENT NO. 01-PERS PENSION  H    
   MAR-16-2001  H                                   ADOPTED                       
   MAR-16-2001  H  DO PASS AMENDED/SHORT DEBATE             008-000-002   HPPN    
   MAR-16-2001  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   MAR-20-2001  H  SECOND READING-SHORT DEBATE                                    
   MAR-20-2001  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   MAR-21-2001  H  THIRD READING/SHORT DEBATE/PASSED        064-040-005           
   MAR-22-2001  S  ARRIVE IN SENATE                                               
   MAR-22-2001  S  PLACED CALENDAR ORDER OF FIRST READING   01-03-27              
   APR-04-2001  S  CHIEF SPONSOR                            MOLARO                
   APR-05-2001  S  FIRST READING                                                  
   APR-05-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   APR-25-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAY-08-2001  S                                 POSTPONED                       
   MAY-08-2001  S                   COMMITTEE               INS & PENS.           
   MAY-12-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


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