CHURCHILL. 40 ILCS 5/7-132 from Ch. 108 1/2, par. 7-132 40 ILCS 5/7-171 from Ch. 108 1/2, par. 7-171 30 ILCS 805/8.21 new 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. 97-03-06 H FIRST READING 97-03-06 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-03-11 H ASSIGNED TO COMMITTEE PERS PENSION 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 97-03-28 H PENSION NOTE FILED 97-03-28 H COMMITTEE RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary