HB2592 101ST GENERAL ASSEMBLY

LRB101 06764 RPS 51791 b

101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB2592

Introduced , by Rep. John M. Cabello

SYNOPSIS AS INTRODUCED:

40 ILCS 5/1-170 new

Amends the General Provisions Article of the Illinois Pension Code. Provides that a person may not participate in any pension fund or retirement system under the Code with respect to an elected position to which the person was first elected or appointed on or after the effective date of the amendatory Act. Effective immediately.

FISCAL NOTE ACT MAY APPLY

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by adding Section 1-170 as follows:

(40 ILCS 5/1-170 new)

Sec. 1-170. Participation by elected officials; prohibited. Notwithstanding any other provision of this Code to the contrary, a person may not participate in any pension fund or retirement system under this Code with respect to an elected position to which the person was first elected or appointed on or after the effective date of this amendatory Act of the 101st General Assembly.

Section 99. Effective date. This Act takes effect upon becoming law.