92nd General Assembly
Summary of SB0410
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Senate Sponsors:
LUECHTEFELD-MAITLAND.

Short description: 
PEN CD-UNIV-SURVIVORS AGE 50                                               

Synopsis of Bill as introduced:
        Amends the State Universities Article  of  the  Illinois  Pension      
   Code.  Allows a surviving spouse without dependents to begin receiving      
   survivor's benefits before attaining age 50.  Effective immediately.        
          PENSION NOTE (Pension Laws Commission)                               
          According to the System's actuary, SB410 would increase the          
          accrued liability of SURS by $4.7 million. The increase in           
          State contributions has not been calculated but is expected to       
          be minor.                                                            
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

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


   END OF INQUIRY 



 Full Text  Bill Status