40 ILCS 5/18-112.4 from Ch. 108 1/2, par. 18-112.4
Amends the Judges Article of the Illinois Pension Code. Allows
certain judges with at least 3 years of service to purchase credit for
certain periods spent as a village official. Allows purchase of this
credit at a reduced cost until April 1, 2002. Effective immediately.
PENSION NOTE (Pension Laws Commission)
The fiscal impact of SB 498 cannot be calculated, as the amount
of service credit that would be established during the window
is unknown. There would be a fiscal impact, as the employer
contribution is waived for service credit established between
the effective date of the amendatory Act and April 1, 2002.
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-01-2001 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
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
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