Senate Sponsors: MAITLAND. Short description: PEN CD-ONE-TIME INCREASES Synopsis of Bill as introduced: Amends the State Universities Article of the Illinois Pension Code to provide for a one-time increase in certain retirement and survivor's annuities. Effective immediately. PENSION NOTE (Pension Laws Commission) FY Required Contribution %Payroll 2005 $1.4 million 0.04% 2010 3.2 million 0.07% 2020 5.2 million 0.07% 2030 8.8 million 0.07% 2040 15.0 million 0.07% 2045 19.6 million 0.07% Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status