40 ILCS 5/9-134 from Ch. 108 1/2, par. 9-134
40 ILCS 5/9-134.3
30 ILCS 805/8.25 new
Amends the Cook County Article of the Illinois Pension Code.
Allows certain persons who were laid off between December 1, 1996 and
May 1, 1997, including persons already receiving a retirement annuity,
to participate in the 1998 early retirement program. Provides an
increased retirement formula for a person who withdrew from service in
July of 1996 with at least 8 years of service credit. Amends the
State Mandates Act to require implementation without reimbursement.
PENSION NOTE (Pension Laws Commission)
The fiscal impact of SB 482 has not been calculated. The fiscal
impact is expected to be minor, as the draft affects a very
small number of members of the Cook County Employees' Pension
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-02-2001 S PENSION NOTE FILED
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
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary