40 ILCS 5/7-137.1 from Ch. 108 1/2, par. 7-137.1
30 ILCS 805/8.25 new
Amends the Illinois Municipal Retirement Fund Article of the
Illinois Pension Code. Allows a holder of public office to terminate
his or her participation in the Fund with respect to that office and
to receive a retirement annuity based on other employment while
continuing to hold that office. Amends the State Mandates Act to
require implementation without reimbursement. Effective immediately.
PENSION NOTE (Illinois Pension Laws Commission)
The fiscal impact of SB 279 cannot be determined. The fiscal
impact is estimated to be minor, as the number of IMRF members
who elect to forfeit the retirement annuity because of appoin-
tive office is estimated to be small.
FEB-20-2001 S FIRST READING
FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES
FEB-21-2001 S ASSIGNED TO COMMITTEE INS & PENS.
FEB-27-2001 S PENSION NOTE FILED AS INTRODUCED
MAR-06-2001 S TO SUBCOMMITTEE
MAR-06-2001 S COMMITTEE INS & PENS.
MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES
JAN-07-2003 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary