IL SB1986 | 2025-2026 | 104th General Assembly

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 6 2025 - 25% progression, died in committee
Action: 2025-05-09 - Rule 3-9(a) / Re-referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Downstate Police and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Provides that, until 6 months after the effective date of the amendatory Act, a participating sheriff's law enforcement employee may elect to transfer service credit from a downstate police pension fund to IMRF. Provides that to establish that creditable service, the sheriff's law enforcement employee may elect to either pay a specified amount to IMRF or have the amount of his or her creditable service reduced by a specified amount. Provides that if the amount transferred to IMRF is greater than a specified amount, the additional amount shall be credited to the account of the sheriff's law enforcement employee's employer. Makes conforming changes. Amends the State Mandates Act to require implementation without reimbursement.

Tracking Information

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Title

PEN CD-POLICE TO IMRF-TRANSFER

Sponsors


History

DateChamberAction
2025-05-09SenateRule 3-9(a) / Re-referred to Assignments
2025-04-11SenateRule 2-10 Committee/3rd Reading Deadline Established As May 9, 2025
2025-04-04SenateRule 2-10 Committee Deadline Established As April 11, 2025
2025-03-21SenateRule 2-10 Committee Deadline Established As April 4, 2025
2025-02-25SenateAssigned to Pensions
2025-02-06SenateReferred to Assignments
2025-02-06SenateFirst Reading
2025-02-06SenateFiled with Secretary by Sen. Chapin Rose

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.49New CodeSee Bill Text
4053-110.14Amended CodeCitation Text
4057-139.1aAmended CodeCitation Text

Illinois State Sources


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