40 ILCS 5/15-113.3 from Ch. 108 1/2, par. 15-113.3
Amends the State Universities Article of the Illinois Pension
Code. Changes the method of calculating interest when purchasing
service credit for certain periods of military service. Effective
PENSION NOTE (Pension Laws Commission)
The fiscal impact of SB 1532 has not been calculated, as the
number of members with eligible military service is unknown.
However, there would be a fiscal impact as the interest is
calculated for only the last ten years.
NOV-14-2001 S FIRST READING
NOV-14-2001 S REFERRED TO SENATE RULES COMMITTEE RULES
JAN-09-2002 S PENSION NOTE FILED AS INTRODUCED
JAN-09-2002 S COMMITTEE RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
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