Senate Sponsors: MADIGAN,R. Short description: PEN CD-UNIV-ONE TIME INCREASE Synopsis of Bill as introduced: Amends the State Universities Article of the Pension Code to provide for a one-time increase in retirement and survivor annuities. Effective immediately. PENSION IMPACT NOTE Fiscal impact has not been determined, but is expected to be significant. PENSION IMPACT NOTE, REVISED Increase in accrued liability of SURS of $185 million. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status