SB 246 Illinois Senate · 95th 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 $100,000 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
Feb 2007
Committee Review
Floor Vote
Governor
Introduced Feb 7, 2007 Last action Jan 13, 2009
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Full legislative history

Actions timeline

Total actions
4
Key actions
0
Committee
1
Jan 13, 2009
Senate · Failed
Session Sine Die
Feb 7, 2007
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

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Legislator
Party
State
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Co
Photo of Chris Lauzen
Chris Lauzen
RRepublican
IL
25