90th General Assembly
Summary of SB0311
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Senate Sponsors:
MADIGAN,R.

Short description: 
PEN CD-UNIV-PICKUP OPTL CONTRI                                             

Synopsis of Bill as introduced:
        Amends the  State  Universities  Article  of  the  Pension  Code.      
   Authorizes  participating  employees  to  make  contributions  for the      
   purchase  of  service  credit.     Authorizes   pickup   of   optional      
   contributions  by  the  employer  for federal tax purposes.  Effective      
   immediately.                                                                
          PENSION NOTE                                                         
          There is no fiscal impact associated with SB311.                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status