92nd General Assembly
Status of HB0519
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SMITH,MICHAEL-KLINGLER.

   40 ILCS 5/3-110.6         from Ch. 108 1/2, par. 3-110.6                    
   40 ILCS 5/5-236           from Ch. 108 1/2, par. 5-236                      
   40 ILCS 5/7-139.8         from Ch. 108 1/2, par. 7-139.8                    
   40 ILCS 5/9-121.10        from Ch. 108 1/2, par. 9-121.10                   
   40 ILCS 5/14-110          from Ch. 108 1/2, par. 14-110                     
   40 ILCS 5/15-134.6 new                                                      
   40 ILCS 5/3-110.5 rep.                                                      
   40 ILCS 5/7-139.7 rep.                                                      

        Amends the Illinois Pension Code.  Authorizes an active member of      
   the State Employees' Retirement System who is employed in  a  position      
   for  which  he or she earns eligible creditable service to transfer to      
   that System up to 12 years of  creditable  service  accumulated  under      
   Article  3,  5, 7, 9, or 15 for service as a police officer.  Requires      
   payment of the difference between  the  amount  of  contributions  and      
   interest  transferred  to  the  System and the amounts that would have      
   been contributed if the credit had been earned  in  the  System,  plus      
   interest;  allows payment at any time before withdrawal.  Also deletes      
   obsolete material.  Effective immediately.                                  
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of HB519 cannot be determined because the          
          amount of service credit that would be transferred is unknown.       
          It is estimated to be minor as the transferred and required          
          employee contributions should offset most of the increase in         
          accrued liability.                                                   
   JAN-31-2001  H  FILED WITH CLERK                                               
   FEB-05-2001  H  FIRST READING                                                  
   FEB-05-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-09-2001  H                        PENSION NOTE FILED                       
   FEB-09-2001  H                   COMMITTEE               RULES                 
   FEB-15-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   MAR-30-2001  H  ADDED AS A JOINT SPONSOR                 KLINGLER              
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary