92nd General Assembly
Summary of SB1532
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Senate Sponsors:

Short description: 
PEN CD-ST UNIV-MILITARY CREDIT                                             

Synopsis of Bill as introduced:
        Amends the State Universities Article  of  the  Illinois  Pension      
   Code.    Changes  the  method  of calculating interest when purchasing      
   service credit for certain periods  of  military  service.   Effective      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB 1532 has not been calculated, as the         
          number of members with eligible military service is unknown.         
          However, there would be a fiscal impact as the interest is           
          calculated for only the last ten years.                              
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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