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| | HB4701 Engrossed | | LRB100 19022 RPS 34276 b |
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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 3-111.5 as follows:
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| 6 | | (40 ILCS 5/3-111.5 new) |
| 7 | | Sec. 3-111.5. Membership date; previous IMRF service with |
| 8 | | the same municipality. A police officer who previously |
| 9 | | participated in the Illinois Municipal Retirement Fund (IMRF) |
| 10 | | for service as a member of the police department of a |
| 11 | | municipality and was transferred to that municipality's police |
| 12 | | pension fund upon its creation under this Article shall, for |
| 13 | | the purposes of determining the applicable tier of benefits |
| 14 | | under this Article, be deemed to have become a police officer |
| 15 | | and member of that municipality's police pension fund on the |
| 16 | | date that he or she first participated in IMRF as a member of |
| 17 | | the police department of that municipality, notwithstanding |
| 18 | | whether that start date was before January 1, 2011.
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| 19 | | Section 90. The State Mandates Act is amended by adding |
| 20 | | Section 8.42 as follows:
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| 21 | | (30 ILCS 805/8.42 new) |