Bill Title: Reinserts the provisions of the engrossed bill with the following changes. Further amends the Downstate Police and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Provides that on and after July 1, 2022 but no later than December 1, 2022, a participating employee who is actively employed as a sheriff's law enforcement employee under IMRF may make a written election to transfer up to 10 years of creditable service from a fund established under the Downstate Police Article to IMRF. Provides that to establish that service, the participating employee must either elect to pay a specified amount to IMRF or have the amount of his or her creditable service established reduced by a specified amount. Provides that in no event shall the service credit established under the provisions exceed the lesser of 10 years or the actual amount of service credit that had been earned in the police pension fund. 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. Effective immediately, except that certain provisions are effective January 1, 2023.

Spectrum: Moderate Partisan Bill (Democrat 7-1)

Status: (Passed) 2022-06-10 - Public Act . . . . . . . . . 102-1061 [HB4209 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2022-06-13	HTML/Text	Link	View
Enrolled	2022-04-18	HTML/Text	Link	View
Engrossed	2022-02-22	HTML/Text	Link	View
Introduced	2021-11-09	HTML/Text	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
Senate Amendment 002	2022-04-07	Proposed	HTML/Text	Link	View
Senate Amendment 001	2022-04-06	Proposed	HTML/Text	Link	View
House Amendment 001	2022-02-09	Proposed	HTML/Text	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Illinois HB4209 currently on file.

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