BURZYNSKI-MAHAR-LUECHTEFELD-MYERS-CRONIN, HAWKINSON, JACOBS,
BOMKE, WATSON, RADOGNO, NOLAND, LINK, WALSH,L,
SHADID, O'DANIEL AND SULLIVAN.
40 ILCS 5/7-199.4 new
30 ILCS 805/8.25 new
Amends the Illinois Municipal Retirement Fund (IMRF) Article of
the Illinois Pension Code to provide a program of group health
benefits for retired employees and their dependents and survivors.
Provides for the Fund to defray part of the cost of participation.
Requires active employees to contribute 1.0% of earnings toward the
cost of the program. Requires employers to contribute 1.25% of
payroll. Includes a transitional subsidy program to subsidize the
cost of participation of certain annuitants. Amends the State
Mandates Act to require implementation without reimbursement.
PENSION NOTE (Pension Laws Commission)
SB100 would increase the contribution rates of all IMRF employ-
ers by 1.25% of payroll, while the employee contributions would
increase by 1% of salary. Based on a 1999 payroll of almost $4
billion, employer contributions would increase by approximately
$50 million per year, while member contributions would increase
by almost $40 million per year.
JAN-31-2001 S FIRST READING
JAN-31-2001 S REFERRED TO SENATE RULES COMMITTEE RULES
FEB-01-2001 S ASSIGNED TO COMMITTEE INS & PENS.
FEB-09-2001 S PENSION NOTE FILED AS INTRODUCED
MAR-06-2001 S TO SUBCOMMITTEE
MAR-06-2001 S COMMITTEE INS & PENS.
MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES
MAY-08-2001 S ADDED AS A CHIEF CO-SPONSOR MAHAR
MAY-08-2001 S ADDED AS A CHIEF CO-SPONSOR LUECHTEFELD
MAY-08-2001 S ADDED AS A CHIEF CO-SPONSOR MYERS
MAY-08-2001 S ADDED AS A CO-SPONSOR HAWKINSON
MAY-08-2001 S ADDED AS A CO-SPONSOR JACOBS
MAY-08-2001 S ADDED AS A CO-SPONSOR JONES,W
MAY-09-2001 S ADDED AS A CHIEF CO-SPONSOR CRONIN
MAY-09-2001 S ADDED AS A CO-SPONSOR BOMKE
MAY-09-2001 S ADDED AS A CO-SPONSOR WATSON
MAY-10-2001 S ADDED AS A CO-SPONSOR RADOGNO
MAY-10-2001 S ADDED AS A CO-SPONSOR NOLAND
MAY-10-2001 S ADDED AS A CO-SPONSOR LINK
MAY-11-2001 S ADDED AS A CO-SPONSOR WALSH,L
MAY-11-2001 S ADDED AS A CO-SPONSOR PETERSON
FEB-05-2002 S ADDED AS A CO-SPONSOR SHADID
APR-02-2002 S ADDED AS A CO-SPONSOR O'DANIEL
OCT-21-2002 S ADDED AS A CO-SPONSOR SULLIVAN
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary