92nd General Assembly
Status of SB0068
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 Full Text  Bill Summary

   40 ILCS 5/14-104          from Ch. 108 1/2, par. 14-104                     

        Amends the State Employee Article of the Illinois  Pension  Code.      
   Allows  purchase  of  service  credit  for certain periods of leave of      
   absence beginning before 1982 and lasting up to 2  years.    Allows  a      
   member  who  is  an active contributor to another reciprocal system to      
   establish  service  credit  for  certain  periods,  including  certain      
   periods of military service not interrupting  employment.   Bases  the      
   contribution  rate  on  the  type  of service to be established.  Also      
   makes technical changes.  Effective immediately.                            
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 68 cannot be determined as the amount        
          of service credit that would be purchased is unknown. The fis-       
          cal impact is expected to be minor, as the employee must pay         
          both the employee and employer contributions, plus interest          
          calculated from the beginning of the leave of absence to the         
          date of payment.                                                     
   JAN-31-2001  S  FIRST READING                                                  
   JAN-31-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-01-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   FEB-09-2001  S                        PENSION NOTE FILED AS INTRODUCED         
   FEB-20-2001  S  ADDED AS A CHIEF CO-SPONSOR              BOMKE                 
   MAR-06-2001  S       TO SUBCOMMITTEE                                           
   MAR-06-2001  S                   COMMITTEE               INS & PENS.           
   MAR-31-2001  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary