Bill Status of HB 2624   96th General Assembly

Short Description:  PEN CD-SURS-ANNUAL INCREASES

House Sponsors
Rep. Naomi D. Jakobsson

Last Action  View All Actions

DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/15-136from Ch. 108 1/2, par. 15-136

Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Provides that, on January 1, 2010, the monthly pension of an annuitant who retired before January 1, 1980 shall be recalculated and increased to reflect the amount the annuitant would have received in January 2010 had the annuitant been receiving a 3% increase for each year he or she received a monthly annuity under Rule 1, Rule 2, Rule 3, Rule 4, or Rule 5. Provides for an additional increase of 3% of the amount of the retirement annuity then being received each January thereafter. Effective immediately.

Actions 
DateChamber Action
  2/20/2009HouseFiled with the Clerk by Rep. Naomi D. Jakobsson
  2/20/2009HouseFirst Reading
  2/20/2009HouseReferred to Rules Committee
  2/25/2009HouseAssigned to Executive Committee
  3/13/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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