Bill Status of HB 5094   95th General Assembly


Short Description:  PEN CD-SERS-ALT FORM DROP PLAN

House Sponsors
Rep. Daniel J. Burke

Last Action  View All Actions

DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/14-110.5 new

Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Provides a Deferred Retirement Option Plan to members of the State Employees' Retirement System of Illinois who are eligible to receive the alternative formula under which members effectively retire and have their retirement accumulate, after applicable taxes, in the System while they continue covered employment for up to 5 years. Effective immediately.

Actions 
DateChamber Action
  2/13/2008HouseFiled with the Clerk by Rep. Daniel J. Burke
  2/14/2008HouseFirst Reading
  2/14/2008HouseReferred to Rules Committee
  1/13/2009HouseSession Sine Die

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