Illinois General Assembly - Bill Status for SB2622

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Bill Status of SB2622 93rd General Assembly

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Short Description: PEN CD-SURS-POLICE FORMULA

Senate Sponsors
Sen. Denny Jacobs

Last Action

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

Statutes Amended In Order of Appearance

40 ILCS 5/15-136

from Ch. 108 1/2, par. 15-136

40 ILCS 5/15-157

from Ch. 108 1/2, par. 15-157

Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Increases the retirement formula for a participant who has 20 or more years of service as a police officer or firefighter. Also increases the employee contributions for participants who are police officers or firefighters by a total of 3% of earnings, in 3 annual increments. Effective immediately.

Actions

Date	Chamber	Action
2/4/2004	Senate	Filed with Secretary by Sen. Denny Jacobs
2/4/2004	Senate	First Reading
2/4/2004	Senate	Referred to Rules
1/11/2005	Senate	Session Sine Die

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