Illinois General Assembly - Bill Status for SB2493
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 Bill Status of SB2493  94th General Assembly


Short Description:  PENCD-SURS-PEACE CORPS SERVICE

Senate Sponsors
Sen. Larry K. Bomke

Last Action
DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/15-113.7a new
40 ILCS 5/15-198


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.

Actions 
DateChamber Action
  1/18/2006SenateFiled with Secretary by Sen. Larry K. Bomke
  1/18/2006SenateFirst Reading
  1/18/2006SenateReferred to Rules
  1/9/2007SenateSession Sine Die

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