91st General Assembly
Summary of SB0100
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Senate Sponsors:
BURZYNSKI-MADIGAN,R-VIVERITO-O'MALLEY-PETERSON, 
   SULLIVAN, RADOGNO, MYERS,J, PARKER, LINK, RONEN,C AND BOMKE.

Short description: 
PEN CD-IMRF-HEALTH PLAN                                                    

Synopsis of Bill as introduced:
        Amends the Illinois Municipal Retirement Fund (IMRF)  Article  of      
   the  Pension  Code  to  provide a program of group health benefits for      
   retired employees and their dependents and  survivors.   Provides  for      
   the Fund to defray part of the cost of participation.  Requires active      
   employees  to  contribute  1.0%  of  earnings  toward  the cost of the      
   program.  Requires employers to contribute 1.25% of payroll.  Includes      
   a transitional subsidy program to subsidize the cost of  participation      
   of  certain  annuitants.    Amends  the  State Mandates Act to require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Pension Laws Commission)                               
          The impact of SB 100 has not been calculated. The bill would         
          increase the contribution rates of all IMRF employers by             
          1.25% of payroll, while the employee contributions would in-         
          crease by 1% of salary.                                              
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

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


   END OF INQUIRY 



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