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IL HB4014
Bill
Status
2/26/2009
Primary Sponsor
Rich Brauer
Click for details
AI Summary
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Amends the Illinois Pension Code Section 14-104 to allow persons who rendered full-time contractual services to the Illinois Institute of Natural Resources and Illinois Department of Energy and Natural Resources to establish up to 4 years of creditable service.
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Requires applicants to contribute to the State Employee Retirement System (SERS) for the service credit using the contribution rate in effect when they last became a member, plus regular interest.
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Sets a deadline of December 31, 2009 for eligible persons to apply to the System to establish this service credit.
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Takes effect immediately upon becoming law.
Legislative Description
PEN CD-SERS-CONTRACTUAL SERVC
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/13/2009