91st General Assembly
Summary of HB2048
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House Sponsors:
POE.

Short description: 
PEN CD-IMRF-EARLY RETMT-ELECTD                                             

Synopsis of Bill as introduced:
        Amends the Illinois Municipal Retirement Fund (IMRF)  Article  of      
   the   Pension  Code.   In  the  provisions  restricting  a  return  to      
   employment  after  receiving  early  retirement   benefits,   excludes      
   elective  office.   Also  allows a holder of elective office to revoke      
   his or her election to participate in the  Fund.    Amends  the  State      
   Mandates   Act   to   require  implementation  without  reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          HB 2048 would probably have no fiscal impact, as there are pro-      
          bably few ERI participants who would forfeit the annuity, as         
          required  by current law, by serving as an elected official.         
 
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 



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