Illinois General Assembly - Bill Status for SB0892

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Bill Status of SB0892 93rd General Assembly

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Short Description: PEN CD-ALL FUNDS-MAX ANNUITY

Senate Sponsors
Sen. Chris Lauzen

Last Action

Date	Chamber	Action
1/11/2005	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/1-117.1 new

Synopsis As Introduced
Amends the General Provisions Article of the Illinois Pension Code. Provides that the total retirement annuity, including any automatic, one-time, or other increases in that annuity, shall not ever exceed $75,000 per year. Applies only to a person who first becomes a participant on or after the effective date. Effective immediately.

	Pension Note (Pension Laws Commission)
	The fiscal impact of SB 892 has not been calculated.

Actions

Date	Chamber	Action
2/19/2003	Senate	Filed with Secretary by Sen. Chris Lauzen
2/19/2003	Senate	First Reading
2/19/2003	Senate	Referred to Rules
2/26/2003	Senate	Assigned to Insurance & Pensions
3/5/2003	Senate	To Subcommittee
3/11/2003	Senate	Pension Note Filed As Introduced
3/13/2003	Senate	Do Pass Insurance & Pensions; 010-000-000
3/13/2003	Senate	Placed on Calendar Order of 2nd Reading March 18, 2003
3/27/2003	Senate	Second Reading
3/27/2003	Senate	Placed on Calendar Order of 3rd Reading April 2, 2003
4/4/2003	Senate	Third Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.
7/1/2003	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Rules
1/11/2005	Senate	Session Sine Die

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