HB 1470

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-Qildro-Calculation

Abstract

Amends the Illinois Pension Code. Provides that a QILDRO may specify a percentage of the member's benefit or apply a formula to determine the amount of the member's benefit to be paid to an alternate payee. Provides that, if so specified, a QILDRO shall take effect at a date other than at the time the benefit becomes payable. Provides that an alternate payee may not consent to a form of payment that has the effect of diminishing the amount of the payment to which he or she is entitled unless the written consent is notarized. Effective immediately.

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Jan 11, 2005

House

Session Sine Die

Mar 13, 2003

House

Rule 19(a) / Re-referred to Rules Committee

Feb 20, 2003

House

Pension Note Filed

Feb 11, 2003

House

Assigned to Personnel and Pensions Committee

Feb 06, 2003

House

Filed with the Clerk by Rep. Julie Hamos

House

Referred to Rules Committee

House

First Reading

Bill Text

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