IL SB2127 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 20 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Cook County Article of the Illinois Pension Code with respect to the optional plan of additional benefits and contributions for elected county officers and their survivors. Limits application of the special formula to service in an elected county office that the participant held for at least 8 years. Provides for a refund of additional contributions if service in the office lasts less than 8 years. Changes the manner of calculating the salary upon which benefits are based to a 4-year average final rate of earnings and applies a separate rate for each qualifying office held. Effective immediately.

Tracking Information

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Title

PEN CD-COOK COUNTY OFFICERS

Sponsors


History

DateChamberAction
2009-03-13 Rule 3-9(a) / Re-referred to Assignments
2009-03-12 Postponed - Pensions and Investments
2009-03-04 Assigned to Pensions and Investments
2009-02-20 Referred to Assignments
2009-02-20 First Reading
2009-02-20 Filed with Secretary by Sen. Dan Kotowski

Illinois State Sources


Bill Comments

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