PERSICO. 40 ILCS 5/7-199.4 new Amends the Illinois Municipal (IMRF) Article of the Pension Code. Authorizes the Board to design and implement a defined contribution retirement plan as an alternative to the benefits currently provided by the Fund. Effective immediately. PENSION NOTE (Pension Laws Commission) Fiscal impact cannot be determined; HB794 does not outline funding, investments, and other elements, of the DC plan. 99-02-10 H FILED WITH CLERK 99-02-10 H FIRST READING 99-02-10 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-17 H PENSION NOTE FILED 99-02-17 H COMMITTEE RULES 99-02-17 H ASSIGNED TO COMMITTEE PERS PENSION 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary