90th General Assembly
Summary of SB0650
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Senate Sponsors:
MADIGAN,R.

Short description: 
PEN CD-UNIV-ONE TIME INCREASE                                              

Synopsis of Bill as introduced:
        Amends the State Universities Article  of  the  Pension  Code  to      
   provide  for a one-time increase in retirement and survivor annuities.      
   Effective immediately.                                                      
          PENSION IMPACT NOTE                                                  
          Fiscal impact has not been determined, but is expected to be         
          significant.                                                         
          PENSION IMPACT NOTE, REVISED                                         
          Increase in accrued liability of SURS of $185 million.               
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status