Bill Text: IL SB1517 | 2023-2024 | 103rd General Assembly | Introduced
Bill Title: Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that the Retirement Systems Reciprocal Act (Article 20 of the Code) is adopted and made a part of the Downstate Firefighter Article, but only with respect to a person who, on or after the effective date of the amendatory Act, is entitled under the Downstate Firefighter Article to begin receiving a retirement annuity or survivor's annuity and who elects to proceed under the Retirement Systems Reciprocal Act. Amends the State Mandates Act to require implementation without reimbursement by the State.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced) 2023-02-08 - Referred to Assignments [SB1517 Detail]
Download: Illinois-2023-SB1517-Introduced.html
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1 | AN ACT concerning public employee benefits.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Pension Code is amended by adding | ||||||||||||||||||||||||||
5 | Section 4-138.15 as follows:
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6 | (40 ILCS 5/4-138.15 new) | ||||||||||||||||||||||||||
7 | Sec. 4-138.15. Retirement Systems Reciprocal Act. The | ||||||||||||||||||||||||||
8 | Retirement Systems Reciprocal Act, Article 20 of this Code, is | ||||||||||||||||||||||||||
9 | adopted and made a part of this Article, but only with respect | ||||||||||||||||||||||||||
10 | to a person who, on or after the effective date of this | ||||||||||||||||||||||||||
11 | amendatory Act of the 103rd General Assembly, is entitled | ||||||||||||||||||||||||||
12 | under this Article to begin receiving a retirement annuity or | ||||||||||||||||||||||||||
13 | survivor's annuity (as those terms are defined in Article 20) | ||||||||||||||||||||||||||
14 | and who elects to proceed under the Retirement Systems | ||||||||||||||||||||||||||
15 | Reciprocal Act.
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16 | Section 90. The State Mandates Act is amended by adding | ||||||||||||||||||||||||||
17 | Section 8.47 as follows:
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18 | (30 ILCS 805/8.47 new) | ||||||||||||||||||||||||||
19 | Sec. 8.47. Exempt mandate. Notwithstanding Sections 6 and | ||||||||||||||||||||||||||
20 | 8 of this Act, no reimbursement by the State is required for | ||||||||||||||||||||||||||
21 | the implementation of any mandate created by this amendatory |
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1 | Act of the 103rd General Assembly.
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