House Sponsors: JOHNSON. Short description: PEN CD-DNST POL-MILITARY CRED Synopsis of Bill as introduced: Amends the Downstate Police Article of the Pension Code to allow purchase of service credit for up to 2 years of military service not immediately preceded by employment. Allows purchase at a reduced interest rate for 6 months. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The impact of HB288 cannot be determined as the number of members who will purchase the military service credit is un- known. For some employees, the employee contributions required by HB288 may not cover the entire cost of the purchased mili- tary service credit. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status