92nd General Assembly
Summary of SB2154
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Senate Sponsors:
LUECHTEFELD.

Short description: 
PENCD-SERS-ALTERNATIVE FORMULA                                             

Synopsis of Bill as introduced:
        Amends the State Employee Article of the Illinois  Pension  Code.      
   Allows  certain purchased military service credit to be counted toward      
   meeting  the  vesting  requirements  for  the   alternative   formula.      
   Effective immediately.                                                      
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of SB 2154 cannot be determined, as the            
          amount of military service credit that would be applied toward       
          the vesting requirements for the alternative formula is              
          unknown.                                                             
 
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