Bill Status of SB2493 94th General Assembly
Short Description: PENCD-SURS-PEACE CORPS SERVICE
Sen. Larry K. Bomke
| 1/9/2007||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Universities Article of the Illinois Pension Code. Includes within the definition of "service" periods not exceeding 2 years during which a person served in the Peace Corps, provided that the person (1) applies for the service on or after the effective date and before June 1, 2007 and (2) pays to the System the actuarial value of the increase in benefits resulting from the service. Includes language exempting the changes from provisions concerning new benefit increases. Effective immediately.
|Date||Chamber|| Action|| 1/18/2006||Senate||Filed with Secretary by Sen. Larry K. Bomke|| 1/18/2006||Senate||First Reading|| 1/18/2006||Senate||Referred to Rules|| 1/9/2007||Senate||Session Sine Die|