HB 6150

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-Benefit Buyout Payment

Abstract

Amends the Illinois Pension Code. Establishes a program under which certain retirement system participants may elect to receive a cash payment in exchange for agreeing to an increase in the required retirement age or agreeing to give up future automatic annual benefit increases. Effective immediately.

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Jan 08, 2013

House

Session Sine Die

Apr 10, 2012

House

First Reading

House

Referred to Rules Committee

Apr 05, 2012

House

Filed with the Clerk by Rep. Daniel Biss

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