92nd General Assembly
Summary of SB2112
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Senate Sponsors:
WALSH,T.

Short description: 
PEN CD-GA-FORMER MEMBER CREDIT                                             

Synopsis of Bill as introduced:
        Amends the Illinois Pension Code.  Allows  a  current  or  former      
   member  of  the  General  Assembly  to  rescind  an  election  not  to      
   participate in the GA Retirement System.  Allows a former GA member to      
   transfer  credits  from  the  State  Employees'  Retirement  System to      
   certain other retirement systems.  Effective immediately.                   
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of SB 2112 cannot be determined, but is es-        
          timated to be minor. There would be an impact as the person          
          establishing the service credit is required to make only the         
          employee contributions plus interest.                                
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: Senate

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


   END OF INQUIRY 



 Full Text  Bill Status