92nd General Assembly
Summary of HB1850
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
POE.

Short description: 
PEN CD-ALT FORMULA-NARC INSP                                               

Synopsis of Bill as introduced:
        Amends the State Employee Article of the Illinois  Pension  Code.      
   In  the  provisions granting alternative formula credit for service as      
   an inspector with law  enforcement  powers  under  Section  4  of  the      
   Narcotic  Control  Division  Abolition  Act, expands the provisions to      
   include service during the years 1991 through  1995  by  an  inspector      
   with law enforcement powers under that Section who was employed by the      
   Department  of  Public Aid rather than the Department of State Police.      
   Requires the person to pay to the System before retirement  an  amount      
   equal  to  the  difference between the employee contributions actually      
   paid for that service and the amounts that would have been contributed      
   if the applicant had  contributed  at  the  rate  then  applicable  to      
   persons   with  the  same  social  security  status  earning  eligible      
   creditable service, plus regular interest.  Effective immediately.          
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 1850 is expected to be very small as         
          only one individual is affected.                                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status