Illinois General Assembly - Bill Status for HB2547
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 Bill Status of HB2547  93rd General Assembly

Short Description:  PEN CD-SERS-OPTL CONTRIBN PLAN

House Sponsors
Rep. Michael K. Smith

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/14-114.1 new


Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Creates a program of optional additional benefits and contributions. Provides for termination of the program on July 1, 2006. Effective immediately.

 Pension Note (Pension Laws Commission)
 Accrued liability of SERS increased by $362 million.

Actions 
DateChamber Action
  2/20/2003HouseFiled with the Clerk by Rep. Michael K. Smith
  2/20/2003HouseFirst Reading
  2/20/2003HouseReferred to Rules Committee
  2/26/2003HouseAssigned to Executive Committee
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  4/7/2003HousePension Note Filed
  1/11/2005HouseSession Sine Die

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