91st General Assembly
Summary of SB0431
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Status
Senate Sponsors:

Short description: 
PEN CD-METRO PIER & EXPO AUTH                                              

Synopsis of Bill as introduced:
        Amends the Illinois Pension Code to allow  a  current  or  former      
   employee  of  the  Metropolitan  Pier  and Exposition Authority to buy      
   service credit in the Chicago Municipal, Chicago  Park  District,  and      
   State  Employee  retirement systems.  Requires payment of employee and      
   employer contributions plus interest.  Amends the State  Mandates  Act      
   to    require   implementation   without   reimbursement.    Effective      
          PENSION NOTE (Pension Laws Commission)                               
          Fiscal impact cannot be determined; there would be a fiscal          
          impact if contributions and interest do not meet increased           
          accrued liability.                                                   
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

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


 Full Text  Bill Status