91st General Assembly
Status of HB1258
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SMITH,MICHAEL.

   40 ILCS 5/15-153.3        from Ch. 108 1/2, par. 15-153.3                   

        Amends the State Universities Article of the Illinois Pension          
   Code. Changes the initial automatic annual increase in disability           
   benefit from 7%, payable after 4 years, to 0.25% for each full month        
   since the benefit began, payable on the January 1 next following the        
   granting of the benefit. Effective immediately.                             
          PENSION NOTE (Pension Laws Commission)                               
          Accrued liability would increase by $6.2 million; annual cost        
          is estimated to be minor.                                            
   99-02-11  H  FIRST READING                                                  
   99-02-11  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-17  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-03-09  H                        PENSION NOTE FILED                       
   99-03-09  H                   COMMITTEE               RULES                 
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary