IL HB2954 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Illinois Pension Code. Requires a person who becomes employed as a downstate fire chief on or after July 1, 2018 by a municipality that participates in the Illinois Municipal Retirement Fund (IMRF) to participate in IMRF rather than the relevant downstate firefighter pension fund. Until July 1, 2018, allows downstate fire chiefs to terminate their participation in a downstate firefighter pension fund and allows them to transfer their participation and pension credits from the downstate firefighter pension fund to IMRF. Provides that a municipality may provide an alternative retirement plan for a fire chief who terminates participation in its downstate firefighter pension fund and does not participate in IMRF. Also makes technical corrections. Effective immediately.

Tracking Information

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Title

PEN CD-FIRE CHIEF-IMRF-OPT OUT

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2017-03-31HouseRule 19(a) / Re-referred to Rules Committee
2017-02-22HouseAssigned to Personnel & Pensions Committee
2017-02-09HouseReferred to Rules Committee
2017-02-09HouseFirst Reading
2017-02-09HouseFiled with the Clerk by Rep. John Cavaletto

Code Citations

ChapterArticleSectionCitation TypeStatute Text
4054-102Amended CodeCitation Text
4054-106Amended CodeCitation Text
4054-106.5New CodeSee Bill Text
4054-107Amended CodeCitation Text
4054-108.3Amended CodeCitation Text
4054-142Amended CodeCitation Text
4057-109Amended CodeCitation Text

Illinois State Sources


Bill Comments

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