Senate Sponsors: KLEMM. Short description: PEN CD-TRANSFER-IMRF-DNST FIRE Synopsis of Bill as introduced: Amends the Illinois Pension Code to allow a person with IMRF credit for service as a member of a municipal fire department to transfer that credit to a firefighters' pension fund. Requires payment of the difference in required contributions, if any. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Illinois Pension Laws Commission) The fiscal impact of SB 1817 cannot be determined, as it de- pends on the amount of service credit transferred from IMRF to the Downstate Firefighters' pension funds. The fiscal impact is estimated to be minor, as the employee is required to contri- bute the difference between the employee and employer contribu- tions that would have been made as a member of a Downstate Firefighters' pension fund and the amounts transferred from IMRF on behalf of the firefighter. Interest payment is also re- quired. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status