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IL HB2484

IL HB2484
PEN CD-DNST POLICE-DC PLAN


summary

Introduced
02/03/2025
In Committee
04/11/2025
Crossed Over
Passed
Dead

Introduced Session

104th General Assembly

Bill Summary

Amends the Downstate Police and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Removes language providing that a person may not elect to participate in IMRF with respect to his or her employment as a chief of police of a participating municipality, unless that person became a participating employee in IMRF before January 1, 2019. Makes conforming changes. In the Downstate Police Article, provides that, on and after the effective date of the amendatory Act, a municipality is not required to establish a defined contribution plan. Provides that a municipality is required to maintain a defined contribution plan for persons who began participating in the defined contribution plan before the effective date of the amendatory Act. In provisions authorizing certain police officers to elect to participate in the defined contribution plan, restricts participation to police officers who first became police officers before the effective date of the amendatory Act and to municipalities that established a defined contribution plan before the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement.

AI Summary

This bill amends the Illinois Pension Code to modify regulations for police officers' retirement plans, specifically affecting chiefs of police and defined contribution plans. It removes previous restrictions that prevented chiefs of police from joining the Illinois Municipal Retirement Fund (IMRF) after January 1, 2019, effectively expanding participation eligibility. The bill also changes requirements for defined contribution plans, stating that municipalities are no longer required to establish new plans but must maintain existing plans for those who already participate. Going forward, only police officers who became police officers before the bill's effective date can elect to participate in these defined contribution plans, and only in municipalities that had already established such plans. Additionally, the bill adjusts provisions related to re-entry into active service and pension payment suspensions for police officers. These changes aim to provide more flexibility in municipal police pension arrangements while creating a cutoff point for new plan entries. The bill requires implementation without requiring additional state reimbursement, which means municipalities will need to absorb any costs associated with these changes.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Placed on Calendar 2nd Reading - Short Debate (on 02/13/2026)

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