91st General Assembly
Summary of SB1178
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Senate Sponsors:

Short description: 
PEN CD-DNST FIRE-SURVIVOR MIN                                              

Synopsis of Bill as introduced:
        Amends the Downstate Firefighter Article  of  the  Pension  Code.      
   Increases  the minimum surviving spouse's pension to $1,000 per month.      
   Amends the  State  Mandates  Act  to  require  implementation  without      
   reimbursement.  Effective immediately.                                      
          PENSION NOTE (Pension Laws Commission)                               
          SB 1178 would increase the accrued liability of the Downstate        
          Firefighters' pension funds by $20.3 million. The resulting          
          increase in total annual cost is estimated to be $1.0 million        
          (.029% of payroll). The increase in accrued liability and            
          annual cost would vary by individual fund and would increase         
          with payroll.                                                        
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

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


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