92nd General Assembly
Status of HB3310
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 Full Text  Bill Summary

   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.      
   Effective immediately.                                                      
          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                                               


 Full Text  Bill Summary