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
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status