92nd General Assembly
Status of SB0966
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 Full Text  Bill Summary

   40 ILCS 5/14-135.11 new                                                     

        Amends the State Employee Article of the Illinois  Pension  Code.      
   Directs  the  Board  to  study  and  report  on a defined contribution      
   retirement plan as an alternative to the benefits  currently  provided      
   by the System.  Effective immediately.                                      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact cannot be determined, as SB 966 merely             
          authorizes SERS to study and report on a defined contribution        
          plan. SB 966 does not outline the funding, investments, or           
          other aspects of the defined contribution plan.                      
   FEB-22-2001  S  FIRST READING                                                  
   FEB-22-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-01-2001  S                        PENSION NOTE FILED AS INTRODUCED         
   MAR-06-2001  S       TO SUBCOMMITTEE                                           
   MAR-06-2001  S                   COMMITTEE               INS & PENS.           
   MAR-31-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary