91st General Assembly
Status of HB0221
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KLINGLER-LEITCH-POE.

   40 ILCS 5/14-119          from Ch. 108 1/2, par. 14-119                     
   40 ILCS 5/14-121          from Ch. 108 1/2, par. 14-121                     

        Amends the State Employee Article of the Illinois Pension Code to      
   remove the Social Security offset against widow and survivor annuities      
   for all annuitants, beginning January 1, 2000. Effective immediately.       
          PENSION NOTE (Ill. Pension Laws Commission)                          
          HB 221 would increase the accrued liabilities of the SERS by an      
          estimated $291 million. The estimated increase in the required       
          annual State contribution, per P.A. 88-593, is shown below.          
          Fiscal Year            Est. Payroll        Est. Contributions        
          2000                   $3,222.0                 $0.0                 
          2001                    3,326.0                  0.0                 
          2005                    3,766.0                  9.7                 
          2010                    4,374.0                 60.0                 
          2020                    6,040.0                 82.9                 
          2030                    8,794.0                 72.0                 
          2045                   15,902.0                218.2                 
   99-01-14  H  FILED WITH CLERK                                               
   99-01-26  H  FIRST READING                                                  
   99-01-26  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-01-27  H  ADDED AS A JOINT SPONSOR                 LEITCH                
   99-01-27  H  ADDED AS A CO-SPONSOR                    POE                   
   99-01-27  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-02-08  H                        PENSION NOTE FILED                       
   99-02-08  H                   COMMITTEE               PERS PENSION          
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



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