MAITLAND-SHADID AND BOWLES. 40 ILCS 5/7-145.1 Amends the Illinois Municipal Retirement Fund Article of the Illinois Pension Code with respect to the optional plan of additional benefits and contributions for elected county officers and their survivors. Limits application of the special formula to service in an elected county office that the participant held for at least 8 years; provides for a refund of additional contributions if service in the office lasts less than 8 years. Changes the manner of calculating the salary upon which benefits are based; uses a 4-year average final rate of earnings and applies a separate rate for each qualifying office held. Effective January 1, 2001. PENSION NOTE (Pension Laws Commission) Fiscal impact cannot be determined. 99-02-24 S FIRST READING 99-02-24 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-24 S ASSIGNED TO COMMITTEE INS & PENS. 99-02-25 S ADDED AS A CO-SPONSOR BOWLES 99-03-08 S PENSION NOTE FILED 99-03-10 S TO SUBCOMMITTEE 99-03-10 S COMMITTEE INS & PENS. 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary