MAITLAND-BERMAN. (DART-LANG-DURKIN-MATHIAS) 40 ILCS 5/18-125 from Ch. 108 1/2, par. 18-125 40 ILCS 5/18-133 from Ch. 108 1/2, par. 18-133 Amends the Judges Article of the Pension Code. Provides that a judge who has attained age 60 and is eligible to receive the maximum rate of annuity may elect to have his or her contributions to the System based only on the increases in salary received by the judge on or after the date of the election, rather than the total salary received; does not apply to a judge who has previously elected to stop contributing, unless the judge has revoked that election. Extends the deadline for revocation to January 1, 2000. In the provisions relating to reduction of annuity due to retirement before age 60 with fewer than 28 years of service, reduces the early retirement penalty. Effective immediately. PENSION NOTE (Pension Laws Commission) The SB1020 provision that reduces the early retirement reduc- tion would increase the accrued liability of JRS by $372,000. The increase in total annual cost is estimated to be 0.04% of payroll, or $39,800 in the 1st year. The annual cost would increase commensurate with payroll. 99-02-25 S FIRST READING 99-02-25 S REFERRED TO SENATE RULES COMMITTEE RULES 99-03-03 S ASSIGNED TO COMMITTEE INS & PENS. 99-03-08 S PENSION NOTE FILED 99-03-16 S DO PASS 008-000-000 SINS 99-03-16 S PLACED ON CALENDAR ORDER OF 2ND READING 99-03-17 99-03-17 S SECOND READING 99-03-17 S PLACED ON CALENDAR ORDER OF 3RD READING 99-03-18 99-03-18 S ADDED AS A CHIEF CO-SPONSOR BERMAN 99-03-25 S THIRD READING - PASSED 050-004-001 99-03-26 H ARRIVE IN HOUSE 99-03-26 H HOUSE SPONSOR DART 99-03-26 H FIRST READING 99-03-26 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-04-14 H ASSIGNED TO COMMITTEE PERS PENSION 99-04-14 H ADDED AS A JOINT SPONSOR LANG 99-04-29 H DO PASS/SHORT DEBATE 009-001-000 HPPN 99-04-29 H PLACED CALENDAR 2ND READING-SHORT DEBATE 99-05-12 H SECOND READING-SHORT DEBATE 99-05-12 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-05-14 H 3RD RDING DEADLINE 99-05-14 H EXTENDED - 5/21/99 99-05-14 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-05-21 H 3RD RDING DEADLINE 99-05-21 H EXTENDED - 5/31/99 99-05-21 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-05-27 H 3RD RDING DEADLINE 99-05-27 H EXTENDED - 12/2/99 99-05-27 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-11-30 H AMENDMENT NO. 01-MCKEON 99-11-30 H AMENDMENT REFERRED TO HRUL 99-11-30 H HELD ON CAL ORDER 2ND RDG - SHORT DEBATE 99-12-01 H ADDED AS A JOINT SPONSOR DURKIN 99-12-01 H PLCD CAL ORDER 3RD READING-SHORT DEBATE 99-12-01 H TABLED PURSUANT TO RULE 40(a) 01 99-12-01 H THIRD READING/SHORT DEBATE/PASSED 110-006-001 99-12-01 S PASSED BOTH HOUSES 99-12-01 H ADDED AS A JOINT SPONSOR MATHIAS 99-12-03 S SENT TO THE GOVERNOR 99-12-10 S GOVERNOR APPROVED 99-12-10 S EFFECTIVE DATE 99-12-10 99-12-10 S PUBLIC ACT.............................. 91-0653 END OF INQUIRY Full Text Bill Summary