92nd General Assembly
Summary of HB2198
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House Sponsors:
FOWLER.

Short description: 
PEN CD-IMRF-NEW HEALTH DEPTS                                               

Synopsis of Bill as introduced:
        Amends the Illinois Municipal  Retirement  Fund  Article  of  the      
   Illinois  Pension Code.  Provides that for certain consolidated health      
   departments that become  participating instrumentalities on  or  after      
   January  1,  2002  and  on  or  before February 1, 2002, no creditable      
   service shall  be  granted  to  their  employees  for  prior  service.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          Employees of employers that join IMRF receive credit (without        
          making contributions) for up to 5 years or 20% of prior service      
          with the employer, whichever is less, without making a contri-       
          bution. HB 2198 would decrease the cost for consolidated health      
          departments that become participating instrumentalities in           
          January 2002. HB 2198 would not affect the accrued liability or      
          annual cost of any current IMRF employer.                            
 
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