House Sponsors: SMITH,MICHAEL. Short description: PEN CD-UNIV-SURVIVORS INCR-60% Synopsis of Bill as introduced: 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). Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status