SCHMITZ. 40 ILCS 5/4-106.1 from Ch. 108 1/2, par. 4-106.1 30 ILCS 805/8.26 new Amends the Downstate Firefighter Article of the Illinois Pension Code. When a municipal fire department is discontinued and the affected territory is annexed by a fire protection district, provides for transfer of the assets and liabilities of the municipality's firefighters' pension fund to the pension fund of the fire protection district. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Illinois Pension Laws Commission) The fiscal impact of HB 5633 cannot be determined, but is es- timated to be minor, as the number of funds that would be affected by the draft is probably very small. There may be a fiscal impact to the pension funds of the fire protection dis- tricts, as the liabilities transferred to those funds would probably be greater than the transferred assets. FEB-06-2002 H FILED WITH CLERK FEB-06-2002 H FIRST READING FEB-06-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-15-2002 H PENSION NOTE FILED FEB-15-2002 H COMMITTEE RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary