BOMKE-MAITLAND-DONAHUE-LUECHTEFELD-MYERS,J. 40 ILCS 5/14-114 from Ch. 108 1/2, par. 14-114 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 from Ch. 108 1/2, par. 15-136 40 ILCS 5/15-136.3 40 ILCS 5/15-145 from Ch. 108 1/2, par. 15-145 40 ILCS 5/16-133.1 from Ch. 108 1/2, par. 16-133.1 40 ILCS 5/16-143.1 from Ch. 108 1/2, par. 16-143.1 40 ILCS 5/17-119 from Ch. 108 1/2, par. 17-119 40 ILCS 5/17-122 from Ch. 108 1/2, par. 17-122 30 ILCS 805/8.24 new Amends the State Employee, State Universities, Downstate Teacher, and Chicago Teacher Articles of the Pension Code to provide for a one-time increase in certain retirement and survivor's annuities. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) SB1254 would increase the accrued liabilities of the affected systems by $870.6 million. The estimated fiscal impact for each system is as follows: State Employees' Retirement System $210.5 million State Universities Retirement System 139.5 million Teachers' Retirement System 399.1 million Chicago Teachers' Pension Fund 121.5 million 99-11-04 S FIRST READING 99-11-04 S REFERRED TO SENATE RULES COMMITTEE RULES 99-11-04 S ADDED AS A CHIEF CO-SPONSOR MYERS,J 99-11-29 S PENSION NOTE FILED 99-11-29 S COMMITTEE RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary