Illinois General Assembly - Bill Status for SB1933
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 Bill Status of SB1933  94th General Assembly


Short Description:  PENCD-TRS-PAYMENT SCHEDULE

Senate Sponsors
Sen. Deanna Demuzio

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/16-189.1from Ch. 108 1/2, par. 16-189.1


Synopsis As Introduced
Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that benefits shall be paid in 12 monthly installments on a schedule of payments determined by the Office of the Comptroller rather than in 12 monthly installments as of the first day of each month. Effective immediately.

 Pension Note (Government Forecasting & Accountability)
 Would not affect the accrued liabilities or annual costs of the System.

Actions 
DateChamber Action
  2/25/2005SenateFiled with Secretary by Sen. Deanna Demuzio
  2/25/2005SenateFirst Reading
  2/25/2005SenateReferred to Rules
  3/2/2005SenateAssigned to Pensions & Investments
  3/9/2005SenatePostponed - Pensions & Investments
  3/11/2005SenatePension Note Filed from the Commission on Government Forecasting and Accountability.
  3/16/2005SenatePostponed - Pensions & Investments
  3/18/2005SenateRule 3-9(a) / Re-referred to Rules
  1/9/2007SenateSession Sine Die

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