92nd General Assembly
Status of SB0707
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary

   40 ILCS 5/5-214           from Ch. 108 1/2, par. 5-214                      
   30 ILCS 805/8.25 new                                                        

        Amends the Chicago Police Article of the Illinois  Pension  Code.      
   Provides  that  a  participant  who  has rendered at least 15 years of      
   service as a member of the police  department  may  establish  service      
   credit  in  the  Fund  for  a period of up to 7 years spent performing      
   corrections work for Cook  County,  the  State  of  Illinois,  or  the      
   federal   government.   Amends  the  State  Mandates  Act  to  require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of SB707 cannot be determined, as it depends       
          on the amount of service credit established. The fiscal impact       
          is expected to be minor, as the employee is required to make         
          the employee contributions (with interest) and the City is           
          required to make the corresponding employer contributions.           
   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-19-2001  S                        PENSION NOTE FILED                       
   MAR-19-2001  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