MAITLAND. 40 ILCS 5/15-153.3 from Ch. 108 1/2, par. 15-153.3 Amends the State Universities Article of the Illinois Pension Code. Changes the initial automatic annual increase in disability benefit from 7%, payable after 4 years, to 0.25% for each full month since the benefit began, payable on the January 1 next following the granting of the benefit. Effective immediately. PENSION NOTE (Pension Laws Commission) Increase in accrued liability would total $6.2 million; increase in annual cost would be minor. 99-02-17 S FIRST READING 99-02-17 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-17 S ASSIGNED TO COMMITTEE INS & PENS. 99-03-02 S TO SUBCOMMITTEE 99-03-08 S PENSION NOTE FILED 99-03-08 S COMMITTEE INS & PENS. 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary