90th General Assembly
Summary of SB0907
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Senate Sponsors:

Short description: 
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

           Location: Senate

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


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