91st General Assembly
Status of HB0270
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 Full Text  Bill Summary

   40 ILCS 5/15-135          from Ch. 108 1/2, par. 15-135                     

        Amends the State Universities Article of the Illinois Pension          
   Code. Allows retirement at any age with 32 years of service, beginning      
   in 1999, and with 30 years of service, beginning in 2000. Effective         
          PENSION NOTE (Pension Laws Commission)                               
          Increase in accrued liability                     $45.7 million      
          Increase in normal annual cost                    $ 1.7 million      
          Contribution required to amortize increase                minor      
   99-01-27  H  FILED WITH CLERK                                               
   99-01-27  H  FIRST READING                                                  
   99-01-27  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-02  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-02-09  H                        PENSION NOTE FILED                       
   99-02-09  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                                               


 Full Text  Bill Summary