Illinois General Assembly - Bill Status for SB2448
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 Bill Status of SB2448  95th General Assembly


Short Description:  PEN CD-SURS-PURCHASING POWER

Senate Sponsors
Sen. Gary Forby

Last Action
DateChamber Action
  1/13/2009SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/2-119.01from Ch. 108 1/2, par. 2-119.01
40 ILCS 5/2-119.2 new
40 ILCS 5/2-121.1from Ch. 108 1/2, par. 2-121.1
40 ILCS 5/2-124from Ch. 108 1/2, par. 2-124
40 ILCS 5/2-162
40 ILCS 5/14-108from Ch. 108 1/2, par. 14-108
40 ILCS 5/14-109from Ch. 108 1/2, par. 14-109
40 ILCS 5/14-109.1 new
40 ILCS 5/14-121from Ch. 108 1/2, par. 14-121
40 ILCS 5/14-131from Ch. 108 1/2, par. 14-131
40 ILCS 5/14-152.1
40 ILCS 5/15-136from Ch. 108 1/2, par. 15-136
40 ILCS 5/15-136.3
40 ILCS 5/15-137.1 new
40 ILCS 5/15-145from Ch. 108 1/2, par. 15-145
40 ILCS 5/15-155from Ch. 108 1/2, par. 15-155
40 ILCS 5/15-198
40 ILCS 5/16-133from Ch. 108 1/2, par. 16-133
40 ILCS 5/16-136.2from Ch. 108 1/2, par. 16-136.2
40 ILCS 5/16-136.5 new
40 ILCS 5/16-143.1from Ch. 108 1/2, par. 16-143.1
40 ILCS 5/16-158from Ch. 108 1/2, par. 16-158
40 ILCS 5/16-203
40 ILCS 5/18-125from Ch. 108 1/2, par. 18-125
40 ILCS 5/18-125.2 new
40 ILCS 5/18-128.01from Ch. 108 1/2, par. 18-128.01
40 ILCS 5/18-131from Ch. 108 1/2, par. 18-131
40 ILCS 5/18-169


Synopsis As Introduced
Amends the General Assembly, State Employees, State Universities, Downstate Teachers, and Judges Articles of the Illinois Pension Code. Declares it to be the public policy of this State and the intention of the General Assembly to protect annuitants against significant decreases in the purchasing power of retirement and survivor's annuities. Directs the Systems to review and report on significant changes in purchasing power. Provides for a one-time increase in certain retirement and survivor's annuities. Includes language exempting the changes from provisions concerning new benefit increases. Effective immediately.

Actions 
DateChamber Action
  2/15/2008SenateFiled with Secretary by Sen. Gary Forby
  2/15/2008SenateFirst Reading
  2/15/2008SenateReferred to Rules
  3/5/2008SenateAssigned to Pensions and Investments
  3/12/2008SenateTo Subcommittee
  3/14/2008SenateRule 3-9(a) / Re-referred to Rules
  1/13/2009SenateSession Sine Die

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