92nd General Assembly
Status of SB0277
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BOMKE AND WATSON.

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

        Amends the State Employee Article of the Illinois  Pension  Code.      
   Provides the alternative (State police) retirement formula for certain      
   forensic  employees  of  the  Department  of  State Police.  Effective      
   immediately.                                                                
          PENSION IMPACT NOTE (Illinois Pension Laws Commission)               
          According to the System's actuary, SB 277 would increase the         
          accrued liability of the System by about $12.2 million. The          
          increase in annual cost has not been calculated but is expected      
          to be minor. There are approximately 293 people affected.            
   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-07-2001  S  ADDED AS A CO-SPONSOR                    WATSON                
   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                 
   JAN-07-2003  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary