Bill Title: Amends the IMRF Article of the Illinois Pension Code. Provides that, within 6 months after the adoption of any system under the Code that would permit the establishment of a multi-tier benefit program, the governing board of the Illinois Municipal Retirement Fund shall adopt a system that requires newly hired employees to be enrolled in a new benefit program substantially similar to the program adopted under the Code. Effective immediately.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2010-03-08 - Senate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments [SB2984 Detail]

Text: Latest bill text (Introduced) [HTML]

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