92nd General Assembly
Status of SB1817
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 Full Text  Bill Summary

   40 ILCS 5/4-108           from Ch. 108 1/2, par. 4-108                      
   40 ILCS 5/7-139.10 new                                                      
   30 ILCS 805/8.26 new                                                        

        Amends the Illinois Pension Code to  allow  a  person  with  IMRF      
   credit  for  service  as  a  member  of a municipal fire department to      
   transfer that  credit  to  a  firefighters'  pension  fund.   Requires      
   payment  of  the difference in required contributions, if any.  Amends      
   the   State   Mandates   Act   to   require   implementation   without      
   reimbursement.  Effective immediately.                                      
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of SB 1817 cannot be determined, as it de-         
          pends on the amount of service credit transferred from IMRF to       
          the Downstate Firefighters' pension funds. The fiscal impact is      
          estimated to be minor, as the employee is required to contri-        
          bute the difference between the employee and employer contribu-      
          tions that would have been made as a member of a Downstate           
          Firefighters' pension fund and the amounts transferred from          
          IMRF on behalf of the firefighter. Interest payment is also re-      
   FEB-06-2002  S  FIRST READING                                                  
   FEB-06-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-15-2002  S                        PENSION NOTE FILED AS INTRODUCED         
   FEB-15-2002  S                   COMMITTEE               RULES                 
   FEB-27-2002  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   MAR-05-2002  S                                 POSTPONED                       
   MAR-05-2002  S                   COMMITTEE               INS & PENS.           
   MAR-08-2002  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary