Illinois General Assembly - Bill Status for SB2712
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 Bill Status of SB2712  93rd General Assembly


Short Description:  PENCD-ART 7-ADMINISTRATIVE

Senate Sponsors
Sen. James F. Clayborne, Jr.

Last Action
DateChamber Action
  1/11/2005SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/7-172from Ch. 108 1/2, par. 7-172
40 ILCS 5/7-173.2from Ch. 108 1/2, par. 7-173.2
40 ILCS 5/7-199.4 new
40 ILCS 5/7-204from Ch. 108 1/2, par. 7-204
30 ILCS 805/8.28 new


Synopsis As Introduced
Amends the IMRF Article of the Illinois Pension Code. Provides that each county with current or former elected county officers participating in the alternative annuity program shall have a separate employer contribution rate computed for those elected officers, and provides that those officers shall be treated as a separate unit within the Fund. Provides that a municipality may transfer funds among its reserves, from one that is over 100% funded to one that is less, under certain circumstances. In the provisions relating to employer pick-up of employee contributions, requires pick-up of employee contributions under the alternative program for elected county officers. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/4/2004SenateFiled with Secretary by Sen. James F. Clayborne, Jr.
  2/4/2004SenateFirst Reading
  2/4/2004SenateReferred to Rules
  1/11/2005SenateSession Sine Die

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