summary
Introduced
02/03/2025
02/03/2025
In Committee
04/11/2025
04/11/2025
Crossed Over
Passed
Dead
Introduced Session
104th General Assembly
Bill Summary
Amends the Cook County Article of the Illinois Pension Code. Provides that a contributing employee may elect to purchase creditable service for up to 48 months of active-duty military service, whether or not that service followed service as a county employee. Provides that to establish this creditable service, the contributing employee must pay to the Fund an amount determined by the Fund to represent the employee contributions for the creditable service based on his or her rate of compensation after the military service, plus interest at the effective rate from the date of discharge to the date of payment. Removes an existing provision concerning the purchase of service credit for military service. Amends the State Mandates Act to require implementation without reimbursement.
AI Summary
This bill amends the Illinois Pension Code to expand military service credit purchase options for contributing employees in the Cook County pension system. Specifically, it allows employees to purchase up to 48 months of creditable service for active-duty military service, regardless of whether that service occurred before or after their county employment. To obtain this service credit, employees must pay the Fund an amount representing their employee contributions based on their post-military service compensation rate, plus interest calculated from their discharge date to the payment date. The bill replaces an existing, more restrictive provision that previously limited military service credit to 2 years and had more complex calculation requirements. By amending the State Mandates Act, the bill also ensures that this new provision will be implemented without requiring additional state reimbursement. This change provides greater flexibility for county employees with military service backgrounds to receive full pension credit for their time serving in the military.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Rule 19(a) / Re-referred to Rules Committee (on 04/11/2025)
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=2478&GAID=18&DocTypeID=HB&SessionID=114&GA=104 |
| BillText | https://www.ilga.gov/legislation/104/HB/10400HB2478.htm |
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