91st General Assembly
Summary of SB1152
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Senate Sponsors:
MOLARO.

Short description: 
PEN CD-GA-TRANSFER-REDUCE COST                                             

Synopsis of Bill as introduced:
        Amends the General Assembly Article of the Pension Code.  Extends      
   to February 1, 2001 the period during which  certain  credits  may  be      
   transferred  or  established  without  payment of amounts representing      
   employer contributions.  Effective immediately.                             
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 1152 cannot be calculated, as it de-         
          pends on the amount of service credit transferred. There would       
          be a fiscal impact, as SB 1152 eliminates the employer con-          
          tributions (normal cost) for service credit that is transferred      
          to GARS from certain other Articles of the Pension Code.             
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

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


   END OF INQUIRY 



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