90th General Assembly
Status of HB2384
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BOST.

   5 ILCS 375/3              from Ch. 127, par. 523                            
   5 ILCS 375/10             from Ch. 127, par. 530                            
   40 ILCS 5/15-135.1 new                                                      

        Amends the State Employees Group Insurance Act of  1971  and  the      
   Illinois  Pension  Code.   Allows  certain  participants  in the State      
   Universities Retirement System to elect to forgo  certain  changes  in      
   the  retirement  annuity  formula made by Public Act 90-65 and thereby      
   avoid the additional cost of group health insurance imposed under that      
   Public Act.  Also eliminates the additional insurance cost for certain      
   survivors.   Eliminates  provisions  relating  to  "new  SURS  retired      
   employees".  Also makes technical corrections.  Effective immediately.      
          PENSION NOTE                                                         
          Unfunded liabilities and annual costs may be reduced very            
          slightly; retiree premiums would increase.                           
   97-10-29  H  FILED WITH CLERK                                               
   97-10-29  H  FIRST READING                                                  
   97-10-29  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-11-14  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   98-01-02  H  RE-REFERRED TO RULES COMM/RULE 19(B)     RULES         HRUL    
   98-03-05  H                        PENSION NOTE FILED                       
   98-03-05  H                   COMMITTEE               RULES                 
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary