Illinois General Assembly - Bill Status for SB0246
Illinois General Assembly

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 Bill Status of SB0246  101st General Assembly


Short Description:  PEN CD-ALL FUNDS-MAX ANNUITY

Senate Sponsors
Sen. Chris Lauzen

Last Action
DateChamber Action
  1/13/2009SenateSession 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 $100,000 per year. Applies only to a person who first becomes a participant on or after the effective date. Effective immediately.

Actions 
DateChamber Action
  2/7/2007SenateFiled with Secretary by Sen. Chris Lauzen
  2/7/2007SenateFirst Reading
  2/7/2007SenateReferred to Rules
  1/13/2009SenateSession Sine Die

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