SMITH,MICHAEL AND JOHNSON,TIM. 40 ILCS 5/15-111 from Ch. 108 1/2, par. 15-111 40 ILCS 5/15-136.4 40 ILCS 5/15-139 from Ch. 108 1/2, par. 15-139 40 ILCS 5/15-158.2 40 ILCS 5/20-121 from Ch. 108 1/2, par. 20-121 40 ILCS 5/20-123 from Ch. 108 1/2, par. 20-123 40 ILCS 5/20-124 from Ch. 108 1/2, par. 20-124 40 ILCS 5/20-125 from Ch. 108 1/2, par. 20-125 40 ILCS 5/20-131 from Ch. 108 1/2, par. 20-131 Amends the State Universities and Reciprocal Articles of the Illinois Pension Code. Specifies the conditions under which certain transition pay is included as earnings for pension purposes. Applies only to transition pay paid by the University of Illinois to a person who was a participating employee employed in the fire department of the University of Illinois's Champaign-Urbana campus immediately prior to the elimination of that fire department. In relation to the optional retirement plans offered by the State Universities Retirement System, changes the way in which the Retirement Systems Reciprocal Act applies to participants in the self-managed plan and the portable benefit package; makes other changes. Deletes language reducing the retirement annuity of a person who retires before age 60 and returns to employment under Article 14 or 16 of the Code. Effective immediately. PENSION NOTE (Pension Laws Commission) Fiscal impact cannot be determined, but would be very 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 99-03-01 H ADDED AS A CO-SPONSOR JOHNSON,TIM 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-03-15 H PENSION NOTE FILED 99-03-15 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary