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<xml>
<title>Illinois General Assembly - Bill Status for HB 1478   </title>
<shortdesc>PEN CD-UNIV-SURVIVORS AGE 50</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Michael K. Smith</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/15-145</reference><aliasreference>from Ch. 108 1/2, par. 15-145</aliasreference><SynopsisText>     Amends the State Universities Article of the Illinois Pension Code. Allows a surviving spouse without dependents to begin receiving survivor's benefits before attaining age 50. Effective immediately.</SynopsisText><synopsistitle>Pension Note (Pension Laws Commission)</synopsistitle>
<SynopsisText>According to the System's actuary, HB 1478 would increase the accrued liability of SURS by $4.7 million. The resulting increase in annual cost has not been calculated but is estimated by SURS to be very minor.</SynopsisText></synopsis>
<actions>
<statusdate>2/6/2003</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Michael K. Smith</action>
<statusdate>2/6/2003</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/6/2003</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/11/2003</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>2/20/2003</statusdate><chamber>House</chamber><action>Pension Note Filed</action>
<statusdate>3/13/2003</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/11/2005</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

