40 ILCS 5/1-119
Amends the Illinois Pension Code. Provides that a QILDRO may
specify a percentage of the member's benefit or apply a formula to
determine the amount of the member's benefit to be paid to an
alternate payee. Provides that, if so specified, a QILDRO shall take
effect at a date other than at the time the benefit becomes payable.
Provides that an alternate payee may not consent to a form of payment
that has the effect of diminishing the amount of the payment to which
he or she is entitled unless the written consent is notarized.
PENSION NOTE (Pension Laws Commission)
HB 3310 would not increase the accrued liabilities or annual
cost of any public pension fund or retirement system in Ill.
MAR-02-2001 H FILED WITH CLERK
MAR-05-2001 H FIRST READING
MAR-05-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES
MAR-06-2001 H ASSIGNED TO COMMITTEE PERS PENSION
MAR-12-2001 H PENSION NOTE FILED
MAR-12-2001 H COMMITTEE PERS PENSION
MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL
JAN-07-2003 H SESSION SINE DIE
END OF INQUIRY
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