91st General Assembly
Summary of HB1794
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House Sponsors:
SMITH,MICHAEL.

Short description: 
PEN CD-IMRF-SLEP CREDITS                                                   

Synopsis of Bill as introduced:
        Amends the Downstate Police and Illinois Municipal (IMRF) Arti-        
   cles of the Illinois Pension Code. Allows certain sheriff's law enfor-      
   cement employees (SLEPs) to convert up to 10 years of regular IMRF          
   credits for employment as a sworn member of the police department of a      
   city, village, or incorporated town with a population under 5,000 into      
   SLEP credits. Allows SLEPs to transfer up to 10 years of service cred-      
   it from a downstate police pension fund to IMRF. Amends the State Man-      
   dates Act to require implementation without reimburserment. Effective       
   immediately.                                                                
          PENSION NOTE (Pension Laws Comm.)                                    
          The fiscal impact of HB 1794 cannot be calculated, as the            
          amount of service credit that would be transferred or converted      
          to SLEP service is unknown. There may be a fiscal impact if the      
          required contributions do not fully address the entire cost of       
          the established SLEP service credit.                                 
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status