House Sponsors: CHURCHILL. Short description: PEN CD-IMRF-SPEC EDUC LAKE CO Synopsis of Bill as introduced: Amends the Illinois Municipal Retirement Fund Article of the Pension Code to provide that employees of the governing board of the Special Education District of Lake County must begin participating in the Fund as of July 1, 1997. Provides that current employees shall receive free credit for 20% of their prior service with that employer (up to a maximum of 5 years), but employee contributions must be paid in order to receive credit for the remainder of that prior service. Provides that the school districts participating in a special education joint agreement created under Section 10-22.31 of the School Code that is a participating instrumentality may pay their proportionate share of the employer contribution for current service out of the districts' IMRF tax levy. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Fiscal impact has not been determined, but could be substantial for the Lake County special education district. 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