SB 892 Illinois Senate · 93rd Regular Session

PEN CD-ALL FUNDS-MAX ANNUITY

Summary

Amends the General Provisions Article of the Illinois Pension Code. Provides that the total retirement annuity, including any automatic, one-time, or other increases in that annuity, shall not ever exceed $75,000 per year. Applies only to a person who first becomes a participant on or after the effective date. Effective immediately.

Bill status failed 1 of 4 stages cleared

Introduction

Mar 2003

Committee Review

Floor Vote

Governor

Introduced Mar 11, 2003 Last action Jan 11, 2005

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jan 11, 2005

Senate · Failed

Session Sine Die

Jul 1, 2003

Senate · Referred to committee

Pursuant to Senate Rule 3-9(b) / Referred to Rules

Mar 13, 2003

Senate · Reported by committee

Do Pass Insurance & Pensions; 010-000-000

Mar 11, 2003

Senate · Introduced

Pension Note Filed As Introduced

Mar 5, 2003

Senate · Reported by committee

To Subcommittee

Feb 26, 2003

Senate · Referred to committee

Assigned to Insurance & Pensions

Feb 19, 2003

Senate · Referred to committee

Referred to Rules

0 primary · 1 co-sponsor