Date	Chamber	Action
1/11/2005	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/13-401

from Ch. 108 1/2, par. 13-401

40 ILCS 5/13-402

from Ch. 108 1/2, par. 13-402

40 ILCS 5/13-403

from Ch. 108 1/2, par. 13-403

30 ILCS 805/8.27 new

Synopsis As Introduced
Amends the Metropolitan Water Reclamation District Article of the Illinois Pension Code. Authorizes certain persons to purchase up to 2 years of service credit for certain military service not following employment. Requires payment of an amount representing both employee contributions and the employer's normal cost, plus interest. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Pension Note (Pension Laws Commission)

The fiscal impact of SB 1358 cannot be determined, as the number of members who will purchase the military service credit is unknown. As the bill requires the employee to make the employee and employer (normal cost) contributions, plus interest (3% annually), the fiscal impact is estimated to be relatively minor. Any fiscal impact would be the result of the interest rate being set at only 3% annually.

	Fiscal Note (Dept of Commerce and Community Affairs)
	No fiscal impact on DCCA. The extent of fiscal impact on local governments cannot be determined.

Actions 

Date	Chamber	Action
2/20/2003	Senate	Filed with Secretary by Sen. Don Harmon
2/20/2003	Senate	First Reading
2/20/2003	Senate	Referred to Rules
2/20/2003	Senate	Added as Chief Co-Sponsor Sen. Dave Sullivan
2/27/2003	Senate	Assigned to Insurance & Pensions
3/11/2003	Senate	Pension Note Filed As Introduced
3/12/2003	Senate	Added as Chief Co-Sponsor Sen. Denny Jacobs
3/13/2003	Senate	Do Pass Insurance & Pensions; 010-000-000
3/13/2003	Senate	Placed on Calendar Order of 2nd Reading March 18, 2003
3/18/2003	Senate	Fiscal Note Requested by Sen. Bill Brady
3/25/2003	Senate	Fiscal Note Filed
4/4/2003	Senate	Third Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.
7/1/2003	Senate	Pursuant to Senate Rule 3-9(b) / Referred to Rules
1/11/2005	Senate	Session Sine Die

Back To Top