Bill Status of SB2608 100th General Assembly
Short Description: PEN CD-SERS-STATE POLICE
Sen. John G. Mulroe and Martin A. Sandoval
|Licensed Activities and Pensions Hearing Feb 21 2018 1:30PM Capitol 400 Springfield, IL |
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Employee Article of the Illinois Pension Code. Authorizes a State policeman to elect to establish eligible creditable service for up to 5 years of service as a full-time law enforcement officer employed by the federal government or by a state or local government located outside of Illinois for which credit is not held in any other public employee pension fund or retirement system. Provides that to obtain that credit, the applicant must file a written application with the Board, accompanied by evidence of eligibility acceptable to the Board and payment of a specified amount to be determined by the Board. Excludes a benefit increase resulting from the amendatory Act from the definition of "new benefit increase". Effective immediately.