Illinois General Assembly - Bill Status for HB4837

Synopsis As Introduced
Amends the Downstate Police Article of the Pension Code. Provides for a Deferred Retirement Option Plan, under which a police officer who is at least age 50 with 20 years of service may continue in active service for up to 5 years while having his or her retirement pension paid into a special account, to be distributed to the police officer upon retirement. Bases the retirement pension on the police officer's service and salary at the time of joining the DROP plan. Requires termination of service at the end of the DROP plan participation period. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
1/19/2006	House	Filed with the Clerk by Rep. Raymond Poe
1/19/2006	House	First Reading
1/19/2006	House	Referred to Rules Committee
1/25/2006	House	Added Chief Co-Sponsor Rep. Richard T. Bradley
1/25/2006	House	Added Chief Co-Sponsor Rep. Marlow H. Colvin
1/25/2006	House	Added Chief Co-Sponsor Rep. Daniel J. Burke
1/25/2006	House	Added Co-Sponsor Rep. Rich Brauer
1/25/2006	House	Added Co-Sponsor Rep. Aaron Schock
1/25/2006	House	Added Co-Sponsor Rep. Terry R. Parke
1/26/2006	House	Added Co-Sponsor Rep. Lisa M. Dugan
2/7/2006	House	Assigned to Executive Committee
2/17/2006	House	Rule 19(a) / Re-referred to Rules Committee
1/9/2007	House	Session Sine Die

×