MYERS. 40 ILCS 5/15-135 from Ch. 108 1/2, par. 15-135 Amends the State Universities Article of the Illinois Pension Code. Allows retirement at any age with 30 years of service. Effective immediately. PENSION NOTE (Pension Laws Commission) According to the System's actuary, SB 584 would increase the accrued liability of SURS by $61.4 million. The estimated in- crease in FY 2002 employer contributions is $0.1 million, or 0.01% of payroll. The increase in employer contributions in FY 2010 is estimated to be $1.3 million, or 0.03% of payroll. After 2010, the increase in required contributions is expected to remain 0.03% of payroll for the remainder of the Public Act 88-0593 funding period. FEB-21-2001 S FIRST READING FEB-21-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE INS & PENS. MAR-06-2001 S TO SUBCOMMITTEE MAR-12-2001 S PENSION NOTE FILED AS INTRODUCED MAR-12-2001 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 END OF INQUIRY Full Text Bill Summary