CAPPARELLI-BUGIELSKI-LYONS,JOSEPH-BURKE- BRADLEY AND MCAULIFFE. 40 ILCS 5/13-304 from Ch. 108 1/2, par. 13-304 40 ILCS 5/13-304.1 new 40 ILCS 5/13-502 from Ch. 108 1/2, par. 13-502 40 ILCS 5/13-503 from Ch. 108 1/2, par. 13-503 30 ILCS 805/8.26 new Amends the Metropolitan Water Reclamation District Article of the Illinois Pension Code. Extends the program of optional contributions and benefits through December 31, 2007. Provides for certain optional contributions to be made on a tax-deferred basis. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Based on matching employer contributions, the Fund's actuary estimates HB 5701 would increase annual employer costs by $600,000, beginning in 2005 through 2009. In addition, the new optional plan would increase the unfunded liability by an estimated $1.8 million. FEB-07-2002 H FILED WITH CLERK FEB-07-2002 H ADDED AS A JOINT SPONSOR BUGIELSKI FEB-07-2002 H ADDED AS A JOINT SPONSOR LYONS,JOSEPH FEB-07-2002 H ADDED AS A JOINT SPONSOR BURKE FEB-07-2002 H ADDED AS A JOINT SPONSOR SAVIANO FEB-07-2002 H ADDED AS A CO-SPONSOR BRADLEY FEB-07-2002 H ADDED AS A CO-SPONSOR MCAULIFFE FEB-07-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-22-2002 H PENSION NOTE FILED FEB-22-2002 H COMMITTEE RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary