Illinois General Assembly - Bill Status for HB4458

Synopsis As Introduced
Amends the Illinois Pension Code. For a period of 6 months, allows a police officer to transfer up to 10 years of creditable service in either direction between a downstate police pension fund and the State Universities Retirement System. Applies only to service as a police officer. Requires payment by the police officer of the difference between the amount of contributions transferred and the true cost of allowing the creditable service to be established. Authorizes reinstatement of transferable credits. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately

Actions

Date	Chamber	Action
1/30/2012	House	Filed with the Clerk by Rep. Dan Brady
1/30/2012	House	First Reading
1/30/2012	House	Referred to Rules Committee
1/8/2013	House	Session Sine Die

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