IL HB0834 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 9 2009 - 25% progression, died in committee
Action: 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Pension Code. Provides that the board of trustees of downstate police and downstate firefighter pension funds may, by a resolution adopted by a majority vote of its membership, transfer moneys of the pension fund to the Illinois Municipal Retirement Fund for management and administration. Provides guidelines for the Illinois Municipal Retirement Fund to follow in investment of the money of downstate police and downstate firefighter pension funds, including the transfer of the funds assets and quarterly and annual reports to the pension funds. Effective January 1, 2010.

Tracking Information

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Title

PEN CD-POLICE & FIRE-INVESTMNT

Sponsors


History

DateChamberAction
2009-03-13 Rule 19(a) / Re-referred to Rules Committee
2009-02-11 Assigned to Personnel and Pensions Committee
2009-02-09 Referred to Rules Committee
2009-02-09 First Reading
2009-02-09 Filed with the Clerk by Rep. Mark H. Beaubien, Jr.

Illinois State Sources


Bill Comments

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