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Bill Information Bill Number: HB5506 Title: Retirement Annuities Sponsor: Kosel (R) Location: Summary: Amends the General Assembly, State Employee, State Universities, Downstate Teacher, and Judges Articles of the Illinois Pension Code, caps the salary, earnings, or compensation used in determining retirement annuities for persons who first enter the systems on or after July 1, 2010 at the Governors salary on the date of the participants retirement. Category: Last Updated: 2012-01-09 More Information: |
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