House Sponsors: LYONS,JOSEPH-BURKE-CAPPARELLI-BUGIELSKI-MADIGAN,MJ. Short description: PEN CD-CHGO FIRE-MILITARY Synopsis of Bill as introduced: Amends the Chicago Firefighter Article of the Illinois Pension Code. Allows purchase of service credit for up to 2 years of military service during which the fireman was not on a leave of absence from 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 (Illinois Pension Laws Commission) The impact of HB 4227 cannot be determined as the number of members who will purchase the military service credit is unknown. For some employees, the employee contributions re- quired by HB 4227 may not cover the entire cost of the pur- chased military 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