92nd General Assembly
Status of HB0435
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BUGIELSKI-CAPPARELLI-LYONS,JOSEPH-BURKE-
   BRADLEY AND SAVIANO.

   40 ILCS 5/6-141.1         from Ch. 108 1/2, par. 6-141.1                    
   40 ILCS 5/6-150           from Ch. 108 1/2, par. 6-150                      
   40 ILCS 5/6-210.2 new                                                       
   40 ILCS 5/6-213           from Ch. 108 1/2, par. 6-213                      
   30 ILCS 805/8.25 new                                                        

        Amends the Chicago Firefighter Article of  the  Illinois  Pension      
   Code.   Allows  rollover  contributions  from  other  retirement plans      
   qualified under the Internal Revenue  Code  of  1986  to  be  used  to      
   purchase  optional  credit or repay a refund.  Authorizes the Board to      
   adopt rules to prescribe the manner of repaying refunds and purchasing      
   optional credits.  Provides a death benefit and  widow's  annuity  for      
   beneficiaries  of a firefighter who dies before beginning to receive a      
   retirement annuity, but after separation from service with at least 20      
   years of service credit, if the separation occurs on or after  January      
   1,  1990  and  before  attainment  of age 50.  Allows a firefighter to      
   pledge a refund as security for certain credit union  loans.    Amends      
   the   State   Mandates   Act   to   require   implementation   without      
   reimbursement.  Effective immediately.                                      
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 435 has not been determined. According       
          to the Fund's actuary, the fiscal impact is estimated to be          
          minor.                                                               
   JAN-30-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 CAPPARELLI            
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 LYONS,JOSEPH          
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 BURKE                 
   JAN-30-2001  H  ADDED AS A JOINT SPONSOR                 MCAULIFFE             
   JAN-30-2001  H  ADDED AS A CO-SPONSOR                    BRADLEY               
   JAN-30-2001  H  ADDED AS A CO-SPONSOR                    SAVIANO               
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   FEB-09-2001  H                        PENSION NOTE FILED                       
   FEB-09-2001  H                   COMMITTEE               PERS PENSION          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary