91st General Assembly
Summary of SB0298
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Senate Sponsors:
MAITLAND.

Short description: 
PEN CD-SURS-30 YRS AND OUT                                                 

Synopsis of Bill as introduced:
        Amends the State Universities Article of the Illinois Pension          
   Code. Allows retirement at any age with 30 years of service, beginning      
   in the year 2000. Effective immediately.                                    
          PENSION NOTE (Pension Laws Commission)                               
          Increase in accrued liability                     $45.7 million      
          Increase in annual cost                           $ 1.7 million      
 
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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