92nd General Assembly
Status of SB0703
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 Full Text  Bill Summary

   40 ILCS 5/18-125          from Ch. 108 1/2, par. 18-125                     

        Amends the Judges Article of the Illinois Pension Code.   Reduces      
   the  early retirement discount from 0.5% to 0.25% for each month below      
   age 60.  Makes a corresponding change  in  the  alternative  rate  for      
   years in excess of 20.  Effective immediately.                              
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 703 cannot be determined but is expec-       
          ted to be minor as few people are affected.                          
   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-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                                               


 Full Text  Bill Summary