90th General Assembly
Summary of HB2481
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House Sponsors:

Short description: 
PEN CD-IMRF-ELECTED OFFICIALS                                              

Synopsis of Bill as introduced:
        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      
          PENSION NOTE                                                         
          There would probably be no fiscal impact; participants aren't        
          likely to forfeit the annuity to serve as an elected official.       
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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