Illinois General Assembly - Bill Status for HB3857

Synopsis As Introduced
Amends the Illinois Pension Code. Amends various Articles of the Code to provide that participants under those Articles are only entitled to creditable service for periods of service with a labor organization if the employee and employer contributions for the service are received by the Fund before the effective date of the amendatory Act. Amends the IMRF Article of the Illinois Pension Code to provide that the Illinois Municipal League and the Will County Governmental League are participating instrumentalities only with respect to service on or before the effective date of the amendatory Act. Effective immediately.

Pension Note (Government Forecasting & Accountability)

The precise fiscal impact of HB 3857 cannot be determined. To the extent that persons who have historically taken such leaves of absence and received a public pension based on a union salary that far exceeded the individual's municipal or teaching salary, curbing this practice after the effective date of HB 3857 will have a positive fiscal impact on the affected funds. IMRF reports that there are currently 26 active members of the Illinois Municipal League who participate in IMRF who would no longer be eligible for participation in IMRF after the effective date of this bill.

Actions

Date	Chamber	Action
10/20/2011	House	Filed with the Clerk by Rep. Richard Morthland
10/24/2011	House	First Reading
10/24/2011	House	Referred to Rules Committee
2/6/2012	House	Assigned to Personnel and Pensions Committee
2/22/2012	House	Pension Note Filed
3/9/2012	House	Rule 19(a) / Re-referred to Rules Committee
1/8/2013	House	Session Sine Die

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