Bill Status of HB 5007   93rd General Assembly

Short Description:  PENCD-ART 4-SPECIAL FORMULA

House Sponsors
Rep. Sidney H. Mathias

Last Action  View All Actions

DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/4-108.4 new
40 ILCS 5/4-109.3 new
40 ILCS 5/4-118.1from Ch. 108 1/2, par. 4-118.1
40 ILCS 5/7-139.10 new
30 ILCS 805/8.28 new

Synopsis As Introduced
Amends the Downstate Firefighter Article and the IMRF Article of the Illinois Pension Code. Provides a special retirement formula for firefighters who receive a retirement annuity from more than one Article 4 pension fund. Requires additional contributions. Authorizes firefighters who participate in IMRF to become members of a downstate firefighter pension fund and to transfer their creditable service from IMRF to that downstate firefighter pension fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/5/2004HouseFiled with the Clerk by Rep. Sidney H. Mathias
  2/5/2004HouseFirst Reading
  2/5/2004HouseReferred to Rules Committee
  1/11/2005HouseSession Sine Die

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