HB 2546

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

Pen Cd-Sers-Incr Retmt Formula

Abstract

Amends the State Employee Article of the Illinois Pension Code. Increases the retirement formula for certain regular coordinated members from 1.67% to 2.0% of final average compensation per year of service. Increases the employee contribution rate for those members from 4.0% to 5.03%. Effective immediately.

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Jan 11, 2005

House

Session Sine Die

Apr 07, 2003

House

Pension Note Filed

Mar 13, 2003

House

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

Feb 26, 2003

House

Assigned to Executive Committee

Feb 20, 2003

House

Filed with the Clerk by Rep. Michael K. Smith

House

Referred to Rules Committee

House

First Reading

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