Bill Status of HB6150 97th General Assembly
Short Description: PEN CD-BENEFIT BUYOUT PAYMENT
Rep. Daniel Biss
| 1/8/2013||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Pension Code. Establishes a program under which certain retirement system participants may elect to receive a cash payment in exchange for agreeing to an increase in the required retirement age or agreeing to give up future automatic annual benefit increases. Effective immediately.
|Date||Chamber|| Action|| 4/5/2012||House||Filed with the Clerk by Rep. Daniel Biss|| 4/10/2012||House||First Reading|| 4/10/2012||House||Referred to Rules Committee|| 1/8/2013||House||Session Sine Die|