92nd General Assembly
Status of SB0738
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MADIGAN,R.

   40 ILCS 5/14-104          from Ch. 108 1/2, par. 14-104                     

        Amends the State Employee Article of the Illinois  Pension  Code.      
   Allows an employee to establish service credit for a period of up to 8      
   years  during which he or she was employed by the Visually Handicapped      
   Managers of Illinois in a vending program operated under a contractual      
   agreement with the Department of  Rehabilitation  Services.   Requires      
   payment  of  both  employee and employer contributions, plus interest.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 738 is expected to be small as few           
          employees would be eligible to purchase service credit. In           
          addition, the draft requires the member to make the employee         
          and employer contributions (normal costs), plus interest.            
   FEB-21-2001  S  FIRST READING                                                  
   FEB-21-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-01-2001  S                        PENSION NOTE FILED AS INTRODUCED         
   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