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IL SB2894
Bill
Status
7/15/2016
Primary Sponsor
James Clayborne
Click for details
AI Summary
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Amends Illinois Pension Code Section 7-155 to remove the one-year limitation on retroactive surviving spouse annuity payments, allowing payments for periods beginning prior to the application date.
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Surviving spouse annuity payments for retroactive periods shall not include interest based on late payment.
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Allows persons currently receiving surviving spouse annuities under the former one-year limitation to reapply for annuity payments for previously denied periods without late payment interest.
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Changes apply retroactively regardless of whether the deceased spouse was in service on or after the effective date of this amendment.
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Takes effect upon becoming law.
Legislative Description
PEN CD-IMRF-RETRO SURVIVOR BEN
Last Action
Public Act . . . . . . . . . 99-0580
7/15/2016