Bill Status of HB 3887   93rd General Assembly

Short Description:  PENCD-ART 16-AGE 55

House Sponsors
Rep. Thomas Holbrook

Last Action  View All Actions

DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/16-132from Ch. 108 1/2, par. 16-132

Synopsis As Introduced
Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that a member who is eligible to receive a retirement annuity of at least 74.6% of final average salary and who will attain age 55 on or after May 15 of the calendar year of retirement shall be deemed to attain age 55 on May 15 of that calendar year (now who will attain age 55 on or before December 31 during the year which commences on July 1 shall be deemed to attain age 55 on the preceding June 1). Effective immediately.

Actions 
DateChamber Action
  11/4/2003HouseFiled with the Clerk by Rep. Thomas Holbrook
  11/4/2003HouseFirst Reading
  11/4/2003HouseReferred to Rules Committee
  1/11/2005HouseSession Sine Die

Back To Top