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