92nd General Assembly
Status of SB0642
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary

   40 ILCS 5/7-139           from Ch. 108 1/2, par. 7-139                      

        Amends the IMRF Article of the Illinois Pension  Code.   Provides      
   that  the  governing  body of a participating unit of local government      
   may authorize a current or former elected  or  appointed  official  to      
   establish  service credit for more than 50 months of prior service for      
   which the official could have elected to participate in the Fund,  but      
   did  not.   (Currently,  officials other than county board members are      
   limited to 50 months.)  Effective immediately.                              
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB642 cannot be determined, as the amount       
          of service credit that will be purchased is unknown. Since           
          SB 642 requires only employee contributions, plus interest,          
          there will be a fiscal impact.                                       
   FEB-21-2001  S  FIRST READING                                                  
   FEB-21-2001  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-28-2001  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-06-2001  S       TO SUBCOMMITTEE                                           
   MAR-12-2001  S                        PENSION NOTE FILED                       
   MAR-12-2001  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                                               


 Full Text  Bill Summary