92nd General Assembly
Summary of HB1964
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House Sponsors:

Short description: 
PENCD-ART 18-CONTRIBUTIONS                                                 

Synopsis of Bill as introduced:
        Amends the Judges Article of the Illinois Pension Code.   Removes      
   the  requirement  that a judge must attain age 60 before he or she may      
   elect to have his or her contributions to the System based only on the      
   increases in salary received by the judge on or after the date of  the      
   election  rather  than  on  the  total  salary  received.  Extends the      
   deadline for a judge to revoke the election to  stop  contributing  to      
   the  System  from  January  1,  2000  to  January  1, 2003.  Effective      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 1964 has not been calculated, but is         
          estimated to be minor, as the number of judges who attain the        
          maximum annuity rate prior to age 60 is expected to be small.        
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

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


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