92nd General Assembly
Summary of SB0525
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Senate Sponsors:

Short description: 
PEN CD-JUDGES-BUY FED SERVICE                                              

Synopsis of Bill as introduced:
        Amends  the  Judges  Article  of  the  Illinois   Pension   Code.      
   Authorizes   judges   to   buy  service  credit  for  certain  federal      
   employment.   Requires  payment  of  employee   (but   not   employer)      
   contributions,  based  on  the  judge's  salary  at  the time of first      
   becoming a participant in the System, plus  4%  interest.    Effective      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 525 has not been determined, but it is       
          estimated 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


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