91st General Assembly
Summary of HB4748
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House Sponsors:

Short description: 
PEN CD-SERS-REPAYMENT OF REFND                                             

Synopsis of Bill as introduced:
        Amends the State Employee Article of the Illinois  Pension  Code.      
   Reduces  the rate of interest charged on certain refunds repaid to the      
   System in 2001.  Effective immediately.                                     
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact cannot be determined, as the amount of SERS        
          service credit that may be established by the repayment of           
          refunds at the lower interest rate is unknown.                       
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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