Senate Sponsors: MADIGAN,R. Short description: PEN CD-CORRECTIONS-8 YR VEST Synopsis of Bill as introduced: Amends the State Employees Article of the Pension Code to allow security employees of the Department of Corrections to vest in the alternative (State police) formula after 8 (rather than 20) years of service. Effective immediately. PENSION IMPACT NOTE The fiscal impact of SB 649 has not been calculated, but is expected to be significant. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status