Bill > SB1281

This bill amends the Illinois Pension Code to extend the Retirement Systems Reciprocal Act (a provision that allows pension benefits to be calculated across multiple public retirement systems) specifically to downstate firefighters and police officers. The bill applies only to individuals who, on or after the effective date of the amendment, are eligible to begin receiving a retirement or survivor's annuity and choose to proceed under the Retirement Systems Reciprocal Act. By doing so, the legislation enables these public safety workers to potentially combine service credits from different pension systems to maximize their retirement benefits. The bill also amends the State Mandates Act to require implementation without state reimbursement, which means local governments will be responsible for implementing the changes without additional financial support from the state. This change could provide more flexible retirement options for downstate firefighters and police officers by allowing them to aggregate their pension credits across different public service roles.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1281&GAID=18&DocTypeID=SB&SessionID=114&GA=104