90th General Assembly
Status of SB1421
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MAITLAND.

   40 ILCS 5/15-140.1 new                                                      

        Amends the  State  Universities  Article  of  the  Pension  Code.      
   Provides  for  an additional payment to persons receiving a retirement      
   or survivor annuity, equal to half the monthly benefit, to be paid  on      
   the  December  31  next  following a fiscal year in which the System's      
   investment return is at least 190% of the prescribed rate of  interest      
   determined for that year by the Board.  Effective immediately.              
   98-02-17  S  FIRST READING                                                  
   98-02-17  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary