90th General Assembly
Summary of SB0654
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Senate Sponsors:
MADIGAN,R.

Short description: 
PEN CD-IMRF-EDUC HEALTH INSUR                                              

Synopsis of Bill as introduced:
        Amends the Illinois Municipal  Retirement  Fund  Article  of  the      
   Pension  Code  to  provide  a  program  of  group health insurance for      
   retired employees of participating  educational  employers  and  their      
   spouses.    Requires  both  active  educational  employees  and  their      
   employers to contribute 0.5% of  earnings  toward  the  costs  of  the      
   program.    Amends  the  State  Mandates Act to require implementation      
   without reimbursement.  Effective immediately.                              
          PENSION NOTE                                                         
          Fiscal impact has not been determined, but could be significant      
          and individual employers' costs would vary depending on the          
          number of participating individuals and their salaries.              
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status