SMITH,MICHAEL. 40 ILCS 5/15-135 from Ch. 108 1/2, par. 15-135 Amends the State Universities Article of the Illinois Pension Code. Allows retirement at any age with 30 years of service. Effective immediately. PENSION NOTE (Pension Laws Commission) HB 192 would increase the accrued liability of SURS by $61.4 million. The estimated increase in FY 2002 employer contribu- tions is $0.1 million, or 0.01% of payroll, and in FY 2010 is $1.3 million, or 0.03% of payroll. After 2010, the increase in required contributions is expected to remain 0.03% of payroll for the remainder of the PA 88-593 funding period. JAN-11-2001 H FILED WITH CLERK JAN-30-2001 H FIRST READING JAN-30-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES JAN-30-2001 H PENSION NOTE FILED JAN-30-2001 H COMMITTEE RULES JAN-31-2001 H ASSIGNED TO COMMITTEE PERS PENSION MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary