PEN CD-ST EMPL-SURVIVOR INCR
Synopsis of Bill as introduced:
Amends the State Employee Article of the Pension Code. Provides
a one-time increase in widow and survivor annuities for certain
persons whose annuities began on or before January 1, 1989. Effective
PENSION IMPACT NOTE
Increase in accrued liabilities of approximately $7.5 million.
PENSION IMPACT NOTE, REVISED
Increase in accrued liabilities of approximately $6.4 million;
required increase in State contributions of $28,823 for FY98,
and $722,107 by FY2012 per P.A. 88-593.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status