92nd General Assembly
Status of HB4931
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 Full Text  Bill Summary

   40 ILCS 5/15-136          from Ch. 108 1/2, par. 15-136                     
   40 ILCS 5/15-157          from Ch. 108 1/2, par. 15-157                     

        Amends the State Universities Article  of  the  Illinois  Pension      
   Code.    Increases the retirement formula for a participant who has 20      
   or more years of service as a police  officer  or  firefighter.   Also      
   increases  the  employee contributions for participants who are police      
   officers or firefighters by a total of 3% of  earnings,  in  3  annual      
   increments.  Effective immediately.                                         
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 4931 has not been calculated but is          
          expected to be minor, as approximately 500 people would be           
   FEB-05-2002  H  FILED WITH CLERK                                               
   FEB-05-2002  H  FIRST READING                                                  
   FEB-05-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-15-2002  H                        PENSION NOTE FILED                       
   FEB-15-2002  H                   COMMITTEE               RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary