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SJ0013SAM001 |
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LRB094 10679 CSA 46676 a |
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| AMENDMENT TO SENATE JOINT RESOLUTION 13
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| AMENDMENT NO. ___. Amend Senate Joint Resolution 13 on page |
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| 2, below line 29, by inserting the following: |
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| "WHEREAS, In addition to privatization, federal |
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| policymakers are now considering "Progressive Indexing" as a |
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| reform to address the future solvency of Social Security by |
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| slowing the growth of future Social Security benefits for |
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| middle-wage and high-wage workers; and"
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| on page 3, by replacing lines 23 through 26 with the following: |
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| "RESOLVED, That the Commission on Government Forecasting |
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| and Accountability conduct an actuarial study of "Progressive |
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| Indexing" and the effect this proposal could have on future |
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| State pension payments to middle-wage and high-wage employees |
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| who could see the growth of their Social Security benefits |
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| reduced by "Progressive Indexing" and report the results of its |
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| study to the General Assembly by January 1, 2006; and be it |
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| further
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| RESOLVED, That copies of this resolution be sent to the |
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| President pro tempore of the U.S. Senate, the Speaker of the |
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| U.S. House of Representatives, each member of the Illinois |
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| congressional delegation, and the Commission on Government |
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| Forecasting and Accountability.". |