92nd General Assembly
Status of SB0268
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 Full Text  Bill Summary

   40 ILCS 5/14-110          from Ch. 108 1/2, par. 14-110                     

        Amends the State Employee Article of the Illinois Pension Code to      
   put persons employed by the Illinois State Toll Highway Authority           
   under the alternative (State Police) retirement formula. Effective          
          PENSION NOTE (Pension Laws Commission)                               
          The System's actuary estimates that the accrued liability of         
          the System will increase by $78.0 million. The increase in           
          annual cost has not been calculated. Approximately 1,885 em-         
          ployees are affected.                                                
        SENATE AMENDMENT NO. 1.                                                
          Deletes reference to:                                                
          40 ILCS 5/14-110                                                     
          Adds reference to:                                                   
          40 ILCS 5/14-101                from Ch. 108 1/2, par. 14-101        
        Deletes everything.  Amends the Illinois Pension Code.   Makes  a      
   technical  change  in a Section concerning State employees.  Effective      
   FEB-20-2001  S  FIRST READING                                                  
   FEB-20-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-21-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-06-2001  S       TO SUBCOMMITTEE                                           
   MAR-26-2001  S                        PENSION NOTE FILED AS INTRODUCED         
   MAR-26-2001  S                   COMMITTEE               INS & PENS.           
   MAR-31-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   FEB-27-2002  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-05-2002  S                             AMENDMENT NO. 01-INS & PENS.   S    
   MAR-05-2002  S                                   ADOPTED                       
   MAR-05-2002  S       DO PASS AS AMENDED                  007-000-000   SINS    
   MAR-05-2002  S  PLACED ON CALENDAR ORDER OF 2ND READING  02-03-06              
   MAR-06-2002  S  SECOND READING                                                 
   MAR-06-2002  S  PLACED ON CALENDAR ORDER OF 3RD READING  02-03-07              
   JUL-03-2002  S  REFER TO RULES/PURSUANT SEN RULE 3-9 (B) RULES         SRUL    
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary