Illinois General Assembly - Bill Status for HB5557
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 Bill Status of HB5557  95th General Assembly

Short Description:  PEN CD-ART 11-SUPP PAYMENT RES

House Sponsors
Rep. Joseph M. Lyons

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/11-134.3from Ch. 108 1/2, par. 11-134.3

Synopsis As Introduced
Amends the Chicago Laborer Article of the Illinois Pension Code. Provides that, when all annuitants receiving certain post-retirement increases have died, any balance remaining in the Supplementary Payment Reserve must be transferred to the Prior Service Reserve. Effective immediately.

DateChamber Action
  2/14/2008HouseFiled with the Clerk by Rep. Joseph M. Lyons
  2/14/2008HouseFirst Reading
  2/14/2008HouseReferred to Rules Committee
  1/13/2009HouseSession Sine Die

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