Date	Chamber	Action
1/11/2005	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/14-121

from Ch. 108 1/2, par. 14-121

Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Increases the minimum total survivor's annuity benefit payable to the survivor's annuity beneficiaries of a deceased member who was earning eligible creditable service at the time of termination of service or of a deceased annuitant whose retirement annuity was calculated under the alternative formula. Effective immediately.

	Pension Note (Pension Laws Commission)
	HB 1555 would increase the accrued liability of SERS by $65.0 million. The increase in annual cost has not been calculated; however, the total cost increase amortized over a 43-year period is 0.1796% of payroll.

Actions 

Date	Chamber	Action
2/7/2003	House	Filed with the Clerk by Rep. Michael K. Smith
2/10/2003	House	First Reading
2/10/2003	House	Referred to Rules Committee
2/11/2003	House	Assigned to Executive Committee
3/13/2003	House	Rule 19(a) / Re-referred to Rules Committee
3/17/2003	House	Pension Note Filed
1/11/2005	House	Session Sine Die

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