SMITH,MICHAEL-POE. 40 ILCS 5/14-104 from Ch. 108 1/2, par. 14-104 Amends the State Employee Article of the Illinois Pension Code. Changes the method of calculating interest when purchasing service credit for certain periods of military service. Effective immediately. PENSION NOTE (Pension Laws Commission) If every eligible member participated, accrued liability would increase by an estimated $18.0 million. A more likely estimate is 50% participation for an accrued liability of $9.0 million. 99-01-27 H FILED WITH CLERK 99-01-27 H FIRST READING 99-01-27 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-02 H ASSIGNED TO COMMITTEE PERS PENSION 99-02-09 H PENSION NOTE FILED 99-02-09 H COMMITTEE PERS PENSION 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 00-09-27 H ADDED AS A JOINT SPONSOR POE 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary