91st General Assembly
Status of SB0297
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MAITLAND.

   40 ILCS 5/15-146          from Ch. 108 1/2, par. 15-146                     

        Amends the State Universities Article of the Illinois Pension          
   Code. Increases the minimum survivor benefit from 50% to 60% of the         
   retirement annuity.  Effective immediately.                                 
          PENSION NOTE (Pension Laws Commission)                               
          FY              Required Contribution                  %Payroll      
          2005                 $ 6.3 million                        0.20%      
          2010                  14.5 million                        0.35%      
          2020                  23.7 million                        0.35%      
          2030                  40.1 million                        0.35%      
          2040                  68.6 million                        0.35%      
          2045                  89.7 million                        0.35%      
   99-02-17  S  FIRST READING                                                  
   99-02-17  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-17  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   99-03-02  S       TO SUBCOMMITTEE                                           
   99-03-08  S                        PENSION NOTE FILED                       
   99-03-08  S                   COMMITTEE               INS & PENS.           
   99-03-20  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   01-01-09  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary