BRADLEY AND MCKEON.
PEN CD-CHGO POL-TRANSFERS
Synopsis of Bill as introduced:
Amends the Illinois Pension Code. Allows transfer of law
enforcement service credits from a downstate police pension fund to
the Chicago police pension fund. Amends the State Mandates Act to
require implementation without reimbursement. Effective immediately.
PENSION NOTE (Pension Laws Commission)
The fiscal impact of HB 3372 cannot be determined. There may
be a fiscal impact to the Chicago Police Pension Fund if the
transferred and required employee contributions do not cover
the entire cost of the service credit established.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status