92nd General Assembly
Status of HB0959
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 Full Text  Bill Summary

   40 ILCS 5/7-109.3         from Ch. 108 1/2, par. 7-109.3                    
   40 ILCS 5/7-132           from Ch. 108 1/2, par. 7-132                      
   30 ILCS 805/8.25 new                                                        

        Amends the Illinois Municipal Retirement Fund (IMRF)  Article  of      
   the  Pension  Code.  Requires participation by all full-time municipal      
   police officers who do not participate in an Article 3 police  pension      
   fund.   Makes  these  police  officers  eligible for the sheriff's law      
   enforcement (SLEP) formula.  Excludes Chicago.   Pre-empts  home  rule      
   powers.   Amends  the  State  Mandates  Act  to require implementation      
   without reimbursement.  Effective immediately.                              
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 959 cannot be determined and would vary      
          among municipalities. If the employer does not currently parti-      
          cipate in IMRF for their municipal employees or police offi-         
          cers, the cost of providing retirement benefits to police            
          officers could be substantial. The cost would also increase for      
          municipalities that currently offer police officers the IMRF         
          regular formula, as HB 959 requires all IMRF-covered police          
          officers to be covered by the SLEP formula.                          
   FEB-08-2001  H  FILED WITH CLERK                                               
   FEB-08-2001  H  FIRST READING                                                  
   FEB-08-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-15-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   FEB-27-2001  H                        PENSION NOTE FILED                       
   FEB-27-2001  H                   COMMITTEE               PERS PENSION          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary