<?xml version='1.0' encoding='ISO-8859-1'?>
<xml>
<title>Illinois General Assembly - Bill Status for HB 3493   </title>
<shortdesc>PENCD-ART 16-AGE 55</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Thomas Holbrook</sponsors>
</sponsor>
<lastaction>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/16-132</reference><aliasreference>from Ch. 108 1/2, par. 16-132</aliasreference><SynopsisText>     Amends the Downstate Teacher Article of the Illinois Pension Code. Provides that a member who is eligible to receive a retirement annuity of at least 74.6% of final average salary and who will attain age 55 on or after May 15 of the calendar year of retirement shall be deemed to attain age 55 on May 15 of that calendar year (now who will attain age 55 on or before December 31 during the year which commences on July 1 shall be deemed to attain age 55 on the preceding June 1). Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/23/2005</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Thomas Holbrook</action>
<statusdate>2/24/2005</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/24/2005</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>3/1/2005</statusdate><chamber>House</chamber><action>Assigned to Executive Committee</action>
<statusdate>3/10/2005</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/9/2007</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

