Synopsis As Introduced Amends the Downstate Firefighter Article of the Illinois Pension Code. Requires a unit of local government that employs a firefighter who is a full-time firefighter in a different downstate firefighter pension fund to make specified contributions to that downstate firefighter pension fund. Requires a specified additional contribution to the pension fund from that firefighter's primary employer. Establishes reporting requirements. Authorizes the State comptroller to intercept State funds in the event the unit of local government does not make its required contribution to the primary employer's downstate pension fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Senate Committee Amendment No. 1 Removes provisions requiring the primary employer to make an additional contribution. Adds a provision requiring the secondary employer to deduct an amount equal to 9.455% of the salaries and wages paid to the secondary employee and, concurrent with the certification of a specified report, shall contribute an amount equal to 9.455% of the salaries and wages paid to the secondary employee to the primary employer's pension fund for deposit to the credit of the pension fund. Specifies that the required contributions apply beginning on the first day of the primary employer's pension fund's first fiscal year beginning on or after the effective date of the amendatory Act.