PENCD-ART 16-AGE 55
Summary
Amends the Downstate Teachers Article of the Illinois Pension Code. Provides that a member who is eligible to receive a retirement annuity of at least 74.6% of final average salary and who will attain age 55 on or after May 15 of the calendar year of retirement shall be deemed to attain age 55 on May 15 of that calendar year (now who will attain age 55 on or before December 31 during the year which commences on July 1 shall be deemed to attain age 55 on the preceding June 1). Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Nov 2003
Committee Review
Floor Vote
Governor
Introduced Nov 4, 2003
Last action Jan 11, 2005
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Jan 11, 2005
House · Failed
Session Sine Die
Nov 4, 2003
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Thomas Holbrook
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 3887
Scope: IL
Hi! I can help you understand HB 3887. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline