40 ILCS 5/15-146 from Ch. 108 1/2, par. 15-146
Amends the State Universities Article of the Illinois Pension
Code. Increases the minimum survivor benefit from 50% to 60% of the
retirement annuity. Effective immediately.
PENSION NOTE (Illinois Pension Laws Commission)
SB 408 would increase the accrued liability of SURS by $76
million. Total employer contributions would increase by 0.35%
of payroll (to 11.33% of payroll).
FEB-20-2001 S FIRST READING
FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES
FEB-28-2001 S ASSIGNED TO COMMITTEE INS & PENS.
MAR-06-2001 S TO SUBCOMMITTEE
MAR-19-2001 S PENSION NOTE FILED AS INTRODUCED
MAR-19-2001 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
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