92nd General Assembly
Status of SB0482
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
MOLARO.

   40 ILCS 5/9-134           from Ch. 108 1/2, par. 9-134                      
   40 ILCS 5/9-134.3                                                           
   30 ILCS 805/8.25 new                                                        

        Amends the Cook County Article  of  the  Illinois  Pension  Code.      
   Allows  certain persons who were laid off between December 1, 1996 and      
   May 1, 1997, including persons already receiving a retirement annuity,      
   to participate in the 1998 early  retirement  program.    Provides  an      
   increased retirement formula for a person who withdrew from service in      
   July  of  1996  with  at  least 8 years of service credit.  Amends the      
   State Mandates Act to require  implementation  without  reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 482 has not been calculated. The fiscal      
          impact is expected to be minor, as the draft affects a very          
          small number of members of the Cook County Employees' Pension        
          Fund.                                                                
   FEB-20-2001  S  FIRST READING                                                  
   FEB-20-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-02-2001  S                        PENSION NOTE FILED                       
   MAR-06-2001  S       TO SUBCOMMITTEE                                           
   MAR-06-2001  S                   COMMITTEE               INS & PENS.           
   MAR-31-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary