House Sponsors: DANIELS-WATSON,JIM-POE-CROTTY. Short description: PENCD-SERS-ALTERNATE FORMULA Synopsis of Bill as introduced: Amends the State Employee Article of the Illinois Pension Code. Expands the special retirement formula for credit as a security employee of the Department of Corrections or Human Services to include all eligible (alternative formula) creditable service. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of HB 3796 cannot be calculated, as the number of additional SERS members that would receive an annuity based, at least in part, on the alternative formula cannot be determined. 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