92nd General Assembly
Summary of HB2101
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House Sponsors:
BOST.

Short description: 
PEN CD-STATE POLICE TRANSFRS                                               

Synopsis of Bill as introduced:
        Amends the Illinois Pension Code.  Authorizes a current or former      
   State Policeman to transfer to the State Employees' Retirement  System      
   up  to  12  years  of  creditable  service  accumulated under IMRF for      
   service as a civilian employee of a  municipal  police  department  or      
   under  SURS  for  service  as  a  university police officer.  Requires      
   payment of the difference  between  the  amounts  transferred  to  the      
   System  and  the  amounts  that  would  have  been  contributed,  plus      
   interest.  Effective immediately.                                           
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 2101 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 are intended to offset most of the in-        
          crease in the accrued liability.                                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status