91st General Assembly
Summary of HB4133
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House Sponsors:

Short description: 
PEN CD-MWRD-U OF I SERVICE                                                 

Synopsis of Bill as introduced:
        Amends the Metropolitan Water Reclamation District Article of the      
   Pension Code.  Authorizes an employee with at least 8 years of service      
   to establish service credit for up to 3 years of employment  with  the      
   University of Illinois during which he or she was eligible to, but did      
   not,   participate   in  the  State  Universities  Retirement  System.      
   Requires  payment  of  employee  and  employer   contributions,   plus      
   interest.    Amends  the  State Mandates Act to require implementation      
   without reimbursement.  Effective immediately.                              
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 4133 cannot be determined, but is            
          estimated to be minor, as the service credit amount that             
          would be established is estimated to be small. In addition,          
          The Board of Trustees of the fund is allowed to determine            
          the required contributions.                                          
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

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


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