LUECHTEFELD. 40 ILCS 5/14-103.05 from Ch. 108 1/2, par. 14-103.05 40 ILCS 5/14-104.6 from Ch. 108 1/2, par. 14-104.6 40 ILCS 5/14-108 from Ch. 108 1/2, par. 14-108 40 ILCS 5/14-108.2c new 40 ILCS 5/14-110 from Ch. 108 1/2, par. 14-110 40 ILCS 5/16-106 from Ch. 108 1/2, par. 16-106 40 ILCS 5/16-131.6 from Ch. 108 1/2, par. 16-131.6 Amends the Illinois Pension Code. In the case of DHS security employees who are teachers, allows current employees to elect (and requires future hires) to participate in the State Employees' Retirement System rather than the Teachers' Retirement System; authorizes persons so electing to transfer credits for previous service in that capacity. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of SB 182 cannot be determined, as the amount of service credit that would be transferred from TRS to SERS is unknown. The fiscal impact is estimated to be minor, as the person transferring the service credit is required to pay to SERS the employee and employer contributions, plus interest (less the amount transferred from TRS). FEB-20-2001 S FIRST READING FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-21-2001 S ASSIGNED TO COMMITTEE INS & PENS. MAR-01-2001 S PENSION NOTE FILED AS INTRODUCED MAR-06-2001 S POSTPONED MAR-20-2001 S POSTPONED MAR-27-2001 S POSTPONED MAR-27-2001 S COMMITTEE INS & PENS. MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary