JOHNSON,TOM. 40 ILCS 5/7-137.1 from Ch. 108 1/2, par. 7-137.1 40 ILCS 5/7-141.1 30 ILCS 805/8.22 new Amends the IMRF Article of the Pension Code. Provides that an annuitant who is receiving early retirement incentives may hold an elected office and receive compensation for holding that office, so long as the annuitant does not participate in the Fund with respect to that office while receiving early retirement incentives. Removes the January 1, 1992 deadline for revoking an election to participate in the Fund with respect to an elected office. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE There would probably be no fiscal impact; participants aren't likely to forfeit the annuity to serve as an elected official. 98-01-20 H FILED WITH CLERK 98-01-20 H FIRST READING 98-01-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 98-03-03 H PENSION NOTE FILED 98-03-03 H COMMITTEE RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary