Date	Chamber	Action
1/9/2007	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/14-119

from Ch. 108 1/2, par. 14-119

40 ILCS 5/14-121

from Ch. 108 1/2, par. 14-121

Synopsis As Introduced
Amends the State Employee Article of the Pension Code to remove the Social Security offset against widow and survivor annuities for all annuitants, beginning January 1, 2006. Effective immediately.

	Pension Note (Commission on Gov't Forecasting and Accountability)
	According to the System's actuary, Senate Bill 234 would increase the accrued liabilities of SERS by an estimated $280.2 million, resulting in an increase in the FY 2006 required contribution of $4.3 million. The FY 2010 increase in the annual contribution is estimated to be $25.4 million. After FY 2010, the increase in required contributions will grow at the same rate as payroll.

Actions 

Date	Chamber	Action
2/2/2005	Senate	Filed with Secretary by Sen. Iris Y. Martinez
2/2/2005	Senate	First Reading
2/2/2005	Senate	Referred to Rules
2/2/2005	Senate	Added as Chief Co-Sponsor Sen. Larry K. Bomke
2/3/2005	Senate	Assigned to Pensions & Investments
2/16/2005	Senate	Postponed - Pensions & Investments
3/2/2005	Senate	To Subcommittee
3/3/2005	Senate	Added as Chief Co-Sponsor Sen. Adeline Jay Geo-Karis
3/3/2005	Senate	Added as Co-Sponsor Sen. Martin A. Sandoval
3/11/2005	Senate	Pension Note Filed from the Commission on Government Forecasting and Accountability.
3/18/2005	Senate	Rule 3-9(a) / Re-referred to Rules
1/9/2007	Senate	Session Sine Die

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