90th General Assembly
Status of SB0288
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 Full Text  Bill Summary
LUECHTEFELD.

   40 ILCS 5/15-136.4 new                                                      

        Amends the Pension Code to provide  early  retirement  incentives      
   for  members  of the State Universities Retirement System.  Applies to      
   certain persons applying for retirement  following  the  school  years      
   ending  in  1998  and  1999.   Grants  up  to  5  years  of additional      
   creditable service and up to 5 years of age enhancement.  Requires  an      
   employer   contribution   and   an  employee  contribution.  Effective      
   immediately.                                                                
          PENSION NOTE                                                         
          Fiscal impact cannot be determined due to the unknown number of      
          employers and employees who will participate.                        
   97-01-30  S  FIRST READING                                                  
   97-01-30  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-02-05  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   97-02-26  S       TO SUBCOMMITTEE                                           
   97-03-05  S                        PENSION NOTE FILED                       
   97-03-05  S                   COMMITTEE               INS & PENS.           
   97-03-15  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary