Date | Chamber | Action |
1/11/2005 | House | Session Sine Die |
40 ILCS 5/4-109.1 | from Ch. 108 1/2, par. 4-109.1 |
30 ILCS 805/8.27 new |
Pension Note (Pension Laws Commission) | |
Based on FY 1996 membership data supplied by the Department of Insurance, the Commission's actuary estimates that HB 2621 would increase the accrued liability of the Downstate Firefighters' pension funds by $175.1 million. The resulting increase in total annual cost is estimated to be $17.8 million, or 5.06% of payroll. The increase in accrued liability and annual cost would vary by individual fund and would increase commensurate with payroll. |
Date | Chamber | Action | 2/21/2003 | House | Filed with the Clerk by Rep. Michael K. Smith | 2/21/2003 | House | First Reading | 2/21/2003 | House | Referred to Rules Committee | 2/26/2003 | House | Assigned to Executive Committee | 2/28/2003 | House | Pension Note Filed | 3/13/2003 | House | Rule 19(a) / Re-referred to Rules Committee | 1/11/2005 | House | Session Sine Die |