PENCD-SERS-ALTERNATE FORMULA House SponsorsRep. Michael K. Smith 1/11/2005HouseSession Sine Die 40 ILCS 5/14-108from Ch. 108 1/2, par. 14-108 Amends the State Employee Article of the Illinois Pension Code. Expands the special retirement formula for credit as a security employee of the Department of Corrections or Human Services to include all eligible (alternative formula) creditable service. Effective immediately.Pension Note (Pension Laws Commission) The fiscal impact of HB 1564 cannot be calculated, as the number of additional SERS members eligible to receive an annuity based, at least in part, on the alternative formula cannot be determined. 2/7/2003HouseFiled with the Clerk by Rep. Michael K. Smith 2/10/2003HouseFirst Reading 2/10/2003HouseReferred to Rules Committee 2/11/2003HouseAssigned to Executive Committee 2/20/2003HousePension Note Filed 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die