92nd General Assembly
Summary of HB2369
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House Sponsors:
SMITH,MICHAEL.

Short description: 
PEN CD-UNIV-SURVIVORS AGE 50                                               

Synopsis of Bill as introduced:
        Amends the State Universities Article  of  the  Illinois  Pension      
   Code.  Allows a surviving spouse without dependents to begin receiving      
   survivor's benefits before attaining age 50.  Effective immediately.        
          PENSION NOTE (Pension Laws Commission)                               
          The System's actuary has estimated that HB 2369 would increase       
          the accrued liability of SURS by $4.7 million. The increase in       
          State contributions has not been calculated but is expected to       
          be minor.                                                            
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


   END OF INQUIRY 



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