GEO-KARIS. 40 ILCS 5/16-133.1 from Ch. 108 1/2, par. 16-133.1 Amends the Downstate Teacher Article of the Illinois Pension Code. Accelerates the automatic annual increase in retirement annuity by deleting the age 61 requirement. Effective immediately. PENSION IMPACT NOTE (Illinois Pension Laws Commission) The System's actuary estimates that SB 1134 will increase the actuarial liability of TRS by $344.4 million. The increase in annual costs has not been calculated. FEB-22-2001 S FIRST READING FEB-22-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE INS & PENS. MAR-06-2001 S TO SUBCOMMITTEE MAR-26-2001 S PENSION NOTE FILED AS INTRODUCED MAR-26-2001 S COMMITTEE INS & PENS. MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary