90th General Assembly
Summary of HB0716
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Status
House Sponsors:
DEERING-MURPHY-MAUTINO-NOVAK-BRADY, DAVIS,STEVE, 
   SMITH,MICHAEL, GRANBERG, SCOTT, BRUNSVOLD AND PHELPS.

Short description: 
PEN CD-IMRF-MILITARY SERVICE                                               

Synopsis of Bill as introduced:
        Amends the Illinois Municipal Retirement Fund (IMRF)  Article  of      
   the  Pension  Code.   Allows  members and retirees to receive up to 24      
   months of credit for military service not preceded by employment  upon      
   payment  of  the  corresponding  employee  and employer contributions.      
   Requires employer approval.  Amends the State Mandates Act to  require      
   implementation without reimbursement.  Effective immediately.               
          PENSION IMPACT NOTE                                                  
          The cost is unknown but is not expected to be significant.           
          PENSION IMPACT NOTE, REVISED                                         
          The fiscal impact of HB 716 cannot be estimated, since the           
          amount of military service credit that may be established is         
          unknown.                                                             
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status