92nd General Assembly
Status of HB5834
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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 5/7-142.2 new                                                       
   30 ILCS 805/8.26 new                                                        

        Amends the IMRF Article of  the  Illinois  Pension  Code.   Makes      
   county  probation  officers eligible for the sheriff's law enforcement      
   employee (SLEP) formula.  Allows these probation officers  to  convert      
   non-SLEP service as a probation officer into SLEP credit by paying the      
   difference   in   employee   contributions  plus  interest.   Includes      
   provisions allowing the employee to  have  the  contribution  deducted      
   from  the  retirement  annuity  in  certain circumstances.  Allows the      
   employer to  amortize  over  5  years  the  liability  resulting  from      
   conversions  occurring  in  the first year.  Amends the State Mandates      
   Act  to  require  implementation  without  reimbursement.    Effective      
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of HB 5834 cannot be determined, as the num-       
          ber of county probation officers is unknown. Including addi-         
          tional employees under the SLEP formula would increase IMRF          
          costs for their employers.                                           
   FEB-07-2002  H  FILED WITH CLERK                                               
   FEB-07-2002  H  FIRST READING                                                  
   FEB-07-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-25-2002  H                        PENSION NOTE FILED                       
   FEB-25-2002  H                   COMMITTEE               RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary