92nd General Assembly
Summary of HB1993
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House Sponsors:
SAVIANO.

Short description: 
PEN CD-ART 17-SURVIVOR-REMARRY                                             

Synopsis of Bill as introduced:
        Amends the Chicago Teachers Article of the Illinois Pension Code.      
   Eliminates the requirement that a person be married to  a  contributor      
   for at least 1.5 years immediately prior to the contributor's death or      
   retirement   and   on   the  date  of  the  last  termination  of  the      
   contributor's service  in  order  to  receive  a  survivor's  pension.      
   Provides  that,  beginning January 1, 2002, remarriage at any age by a      
   surviving spouse will not terminate his  or  her  survivor's  pension.      
   Allows  a surviving spouse whose survivor's pension was terminated due      
   to remarriage to  reestablish  his  or  her  survivor's  pension  upon      
   repayment  of  his or her survivor's refund plus interest.  Amends the      
   State Mandates Act to require  implementation  without  reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 1993 cannot be determined, as the num-       
          ber of additional widows who would qualify for a survivor's          
          annuity cannot be determined. According to the fund's actuary,       
          the fiscal impact of HB 1993 is expected to be minimal.              
 
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 



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