92nd General Assembly
Status of SB0676
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 Full Text  Bill Summary

   40 ILCS 5/15-136          from Ch. 108 1/2, par. 15-136                     
   40 ILCS 5/15-136.3                                                          
   40 ILCS 5/15-145          from Ch. 108 1/2, par. 15-145                     

        Amends the State Universities Article  of  the  Illinois  Pension      
   Code.    Provides  for  a  one-time increase in certain retirement and      
   survivor's annuities.  Effective immediately.                               
          PENSION NOTE (Pension Laws Commission)                               
          SB 676 will increase the accrued liability of SURS by an             
          estimated $105.6 million. Total employer contributions would         
          increase by 0.24% of payroll (to 11.22% of payroll).                 
   FEB-21-2001  S  FIRST READING                                                  
   FEB-21-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   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                 
   APR-30-2001  S                        PENSION NOTE FILED AS INTRODUCED         
   APR-30-2001  S                   COMMITTEE               RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary