92nd General Assembly
Summary of SB0277
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Senate Sponsors:
BOMKE AND WATSON.

Short description: 
PENCD-SERS-FORENSIC EMPLOYEES                                              

Synopsis of Bill as introduced:
        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.            
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

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


   END OF INQUIRY 



 Full Text  Bill Status