40 ILCS 5/14-104 from Ch. 108 1/2, par. 14-104
Amends the State Employee Article of the Illinois Pension Code.
Allows an employee to establish service credit for a period of up to 8
years during which he or she was employed by the Visually Handicapped
Managers of Illinois in a vending program operated under a contractual
agreement with the Department of Rehabilitation Services. Requires
payment of both employee and employer contributions, plus interest.
PENSION NOTE (Pension Laws Commission)
The fiscal impact of SB 738 is expected to be small as few
employees would be eligible to purchase service credit. In
addition, the draft requires the member to make the employee
and employer contributions (normal costs), plus interest.
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
END OF INQUIRY
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