40 ILCS 5/14-103.05 from Ch. 108 1/2, par. 14-103.05
40 ILCS 5/14-104.6 from Ch. 108 1/2, par. 14-104.6
40 ILCS 5/14-108 from Ch. 108 1/2, par. 14-108
40 ILCS 5/14-108.2c new
40 ILCS 5/14-110 from Ch. 108 1/2, par. 14-110
40 ILCS 5/16-106 from Ch. 108 1/2, par. 16-106
40 ILCS 5/16-131.6 from Ch. 108 1/2, par. 16-131.6
Amends the Illinois Pension Code. In the case of DHS security
employees who are teachers, allows current employees to elect (and
requires future hires) to participate in the State Employees'
Retirement System rather than the Teachers' Retirement System;
authorizes persons so electing to transfer credits for previous
service in that capacity. Effective immediately.
PENSION NOTE (Pension Laws Commission)
The fiscal impact of SB 182 cannot be determined, as the amount
of service credit that would be transferred from TRS to SERS is
unknown. The fiscal impact is estimated to be minor, as the
person transferring the service credit is required to pay to
SERS the employee and employer contributions, plus interest
(less the amount transferred from TRS).
FEB-20-2001 S FIRST READING
FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES
FEB-21-2001 S ASSIGNED TO COMMITTEE INS & PENS.
MAR-01-2001 S PENSION NOTE FILED AS INTRODUCED
MAR-06-2001 S POSTPONED
MAR-20-2001 S POSTPONED
MAR-27-2001 S POSTPONED
MAR-27-2001 S COMMITTEE INS & PENS.
MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary