Senate Sponsors: MOLARO. Short description: PEN CD-SURS-ONE-TIME INCREASE Synopsis of Bill as introduced: Amends the State Universities Article of the Illinois Pension Code. Provides for a one-time increase in certain retirement and survivor's annuities. Effective immediately. PENSION NOTE (Pension Laws Commission) SB 676 will increase the accrued liability of SURS by an estimated $105.6 million. Total employer contributions would increase by 0.24% of payroll (to 11.22% of payroll). 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