92nd General Assembly
Status of HB2372
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 Full Text  Bill Summary
SMITH,MICHAEL.

   40 ILCS 5/15-146          from Ch. 108 1/2, par. 15-146                     

        Amends the State Universities Article of  the  Illinois  Pension       
   Code.   Increases  the minimum survivor benefit from 50% to 60% of the      
   retirement annuity.  Effective immediately.                                 
          PENSION NOTE (Illinois Pension Laws Commission)                      
          HB 2372 would increase the accrued liability of SURS by $76          
          million. Total employer contributions would increase by 0.35%        
          of payroll (to 11.33% of payroll).                                   
   FEB-23-2001  H  FILED WITH CLERK                                               
   FEB-23-2001  H  FIRST READING                                                  
   FEB-23-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-27-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   MAR-19-2001  H                        PENSION NOTE FILED                       
   MAR-19-2001  H                   COMMITTEE               RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary