91st General Assembly
Status of HB4115
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BOST-FOWLER.

   40 ILCS 5/7-139.7         from Ch. 108 1/2, par. 7-139.7                    
   40 ILCS 5/14-110          from Ch. 108 1/2, par. 14-110                     
   40 ILCS 5/15-134.6 new                                                      

        Amends the Illinois Pension Code.  Authorizes a  State  Policeman      
   to  transfer  to the State Employees' Retirement System up to 12 years      
   of creditable service accumulated under IMRF for service as a civilian      
   employee of a municipal police department or under SURS for service as      
   a university police officer.    Requires  payment  of  the  difference      
   between  the  amounts  transferred  to the System and the amounts that      
   would have been contributed, plus interest.  Effective immediately.         
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 4115 cannot be determined because the        
          amount of service credit that would be transferred is unknown.       
          It is estimated to be minor, as the transferred and required         
          employee contributions are intended to offset most of the            
          increase in accrued liability.                                       
   00-02-01  H  FIRST READING                                                  
   00-02-01  H  ADDED AS A JOINT SPONSOR                 FOWLER                
   00-02-01  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   00-02-10  H                        PENSION NOTE FILED                       
   00-02-10  H                   COMMITTEE               RULES                 
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary