91st General Assembly
Status of HB0428
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   40 ILCS 5/14-107          from Ch. 108 1/2, par. 14-107                     

        Amends the State Employee Article of the Illinois  Pension  Code.      
   Provides  that  a  person with at least 34 years of creditable service      
   who has reached the 75% maximum pension shall be  deemed  to  have  35      
   years of service for purposes of avoiding the early retirement penalty      
   and   qualifying   for  the  automatic  annual  increase  in  annuity.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          Accrued liability would increase by $13.8 million; annual            
          contributions would be relatively small.                             
          PENSION NOTE, REVISED (Pension Laws Commission)                      
          According to the Commission's actuary, HB 428 would increase         
          the accrued liability of the System by an estimated $8.38            
          million (based on the 1999 actuarial valuation). The increase        
          in total annual costs as a percent of payroll is 0.02% ($0.75        
   99-02-02  H  FILED WITH CLERK                                               
   99-02-02  H  FIRST READING                                                  
   99-02-02  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-03  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-02-09  H                        PENSION NOTE FILED                       
   99-02-09  H                   COMMITTEE               PERS PENSION          
   99-02-10  H  ADDED AS A CO-SPONSOR                    POE                   
   99-02-11  H  ADDED AS A JOINT SPONSOR                 POE                   
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-11-30  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-11-30  H  MOTION PREVAILED TO SUSPEND RULE 25                            
   99-11-30  H  DO PASS/SHORT DEBATE                     009-000-000   HPPN    
   99-11-30  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   99-12-01  H  SECOND READING-SHORT DEBATE                                    
   99-12-01  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   99-12-02  H  ADDED AS A JOINT SPONSOR                 KLINGLER              
   99-12-02  H  ADDED AS A JOINT SPONSOR                 TURNER,JOHN           
   99-12-02  H  ADDED AS A JOINT SPONSOR                 HARTKE                
   99-12-02  H  ADDED AS A CO-SPONSOR                    MITCHELL,JERRY        
   99-12-02  H  THIRD READING/SHORT DEBATE/PASSED        113-000-000           
   99-12-02  S  ARRIVE IN SENATE                                               
   99-12-02  S  PLACED CALENDAR ORDER OF FIRST READING   00-01-12              
   00-01-12  S  CHIEF SPONSOR                            MYERS,J               
   00-01-12  S  FIRST READING                                                  
   00-01-12  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   00-02-25  S                        PENSION NOTE FILED                       
   00-02-25  S                   COMMITTEE               RULES                 
   01-01-09  H  SESSION SINE DIE                                               


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