summary
Introduced
01/31/2025
01/31/2025
In Committee
01/31/2025
01/31/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Illinois Pension Code. In provisions authorizing certain persons to transfer service credit from IMRF to a downstate police pension fund, makes technical and combining changes to conform the changes made by Public Act 102-857 and Public Act 102-1061. Removes a restrictive date on the transfer of that service credit. Authorizes investigators for the Secretary of State and conservation police officers to transfer that service credit. Authorizes State's Attorneys to transfer service credit under the IMRF Article to the State Employee Article. In the State Employee Article, provides that a State policeman or conservation police officer may elect to convert service credit earned under the Article or, for certain types of service, elect to establish eligible creditable service under the alternative retirement annuity provisions by filing a written election with the Board of Trustees and paying to the System a specified amount. Provides that a participant under the alternative retirement annuity provisions may establish eligible creditable service for up to 7 years of service as a State's Attorney. Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
AI Summary
This bill makes several technical changes to the Illinois Pension Code related to service credit transfers and retirement benefits for various public employees. Specifically, the bill allows certain public safety and government employees to transfer service credits between different pension systems, including investigators for the Secretary of State, conservation police officers, and State's Attorneys. The bill expands options for alternative retirement annuities by enabling employees in certain roles to establish up to 7 years of creditable service as a State's Attorney, with the requirement that they pay the difference in employee and employer contributions. The bill also clarifies that an elected or appointed State's Attorney does not include assistant State's Attorneys or special investigators. Additionally, the bill amends the State Mandates Act to specify that no state reimbursement is required for implementing these pension code changes. The changes are technical in nature and appear designed to provide more flexibility for public employees in transferring and establishing pension service credits, particularly for law enforcement and government workers.
Sponsors (1)
Last Action
Referred to Assignments (on 01/31/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1462&GAID=18&DocTypeID=SB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/SB/10400SB1462.htm |
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