91st General Assembly
Status of HB1449
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GRANBERG.

   40 ILCS 5/14-109          from Ch. 108 1/2, par. 14-109                     
   40 ILCS 5/14-119          from Ch. 108 1/2, par. 14-119                     
   40 ILCS 5/14-121          from Ch. 108 1/2, par. 14-121                     
   40 ILCS 5/15-136.3                                                          
   40 ILCS 5/15-146          from Ch. 108 1/2, par. 15-146                     
   40 ILCS 5/16-136.2        from Ch. 108 1/2, par. 16-136.2                   
   40 ILCS 5/16-142.1        from Ch. 108 1/2, par. 16-142.1                   
   40 ILCS 5/17-122          from Ch. 108 1/2, par. 17-122                     
   40 ILCS 5/17-156.3        from Ch. 108 1/2, par. 17-156.3                   
   30 ILCS 805/8.23 new                                                        

        Amends the State Employee, State Universities, Downstate Teacher,      
   and Chicago Teacher Articles of the Illinois Pension Code. Provides         
   for a minimum monthly retirement annuity of $35 for each year of ser-       
   vice credit up to 30. Provides for a minimum total monthly survivor's       
   annuity of $17.50 for each year of service credit up to 30. Amends          
   the State Mandates Act to require implementation without reimburse-         
   ment. Effective immediately.                                                
          PENSION NOTE (Pension Laws Commission)                               
          Estimated total increase in accrued liability of SERS, SURS,         
          TRS and CTRS is $281.0 million. In addition, TRS estimates           
          payout would increase by $10.0 million the first year.               
   99-02-17  H  FIRST READING                                                  
   99-02-17  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-18  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-05-03  H                        PENSION NOTE FILED                       
   99-05-03  H                   COMMITTEE               RULES                 
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary