92nd General Assembly
Summary of HB0685
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House Sponsors:

Short description: 
PEN CD-IMRF-BENEFIT INCREASES                                              

Synopsis of Bill as introduced:
        Amends the Illinois Municipal  Retirement  Fund  Article  of  the      
   Illinois  Pension  Code.   Increases  the death benefit from $3,000 to      
   $5,000.  Authorizes employers to increase disability benefits from 50%      
   to 60% of earnings, with the the resulting costs to  be  paid  by  the      
   employer  and  employees.  Deletes provisions limiting the retroactive      
   payment of retirement benefits.  Accelerates the automatic increase in      
   surviving spouse's annuity for survivors  of  annuitants  who  die  in      
   December.  Provides for participation by persons who return to service      
   in  a  position  requiring  between  600 and 1000 hours per year after      
   retiring  from  such  a  position  with  an  employer   that   allowed      
   participation   for   those   employees.    With  respect  to  persons      
   establishing service credit for periods spent on a leave  of  absence,      
   removes  a  provision requiring application within 2 years.  Removes a      
   provision limiting unused sick leave credit to credit from an employer      
   with which the employee is  in  service  within  the  60  days  before      
   retirement.   Amends  the State Mandates Act to require implementation      
   without reimbursement.  Effective January 1, 2001.                          
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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