Illinois General Assembly - Full Text of HB3757

LRB104 09576 RPS 19639 b

104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB3757

Introduced 2/18/2025, by Rep. Martha Deuter

SYNOPSIS AS INTRODUCED:

40 ILCS 5/3-110.15 new
40 ILCS 5/4-108.9 new
30 ILCS 805/8.49 new

Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Provides that, at any time during the 6 months following the effective date of the amendatory Act, an active member of a downstate police pension fund may apply for transfer to that fund of up to 8 years of his or her creditable service accumulated in a downstate firefighter pension fund that is administered by a unit of local government if that active member was not subject to disciplinary action when he or she terminated employment with that employer. Provides that the creditable service shall be transferred upon payment of a specified amount. Provides that, at the time of applying for a transfer of creditable service, an active member of a downstate police pension fund may, for the purpose of that transfer, reinstate creditable service that was terminated by receipt of a refund, by payment to the downstate police pension fund of a specified amount. Amends the State Mandates Act to require implementation without reimbursement.

STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by adding Sections 3-110.15 and 4-108.9 as follows:

(40 ILCS 5/3-110.15 new)

Sec. 3-110.15. Transfer from Article 4 fund. Until 6 months after the effective date of this amendatory Act of the 104th General Assembly, a person may transfer to a fund established under this Article up to 8 years of creditable service accumulated in a firefighter pension fund under Article 4 that is administered by a unit of local government, if that active member was not subject to disciplinary action when he or she terminated employment with that employer, upon payment to the fund of an amount to be determined by the board, equal to (i) the difference between the amount of employee and employer contributions transferred to the fund under Section 4-108.9 and the amounts that would have been contributed had such contributions been made at the rates applicable to a police officer under this Article, plus (ii) interest thereon at the actuarially assumed rate, compounded annually, from the date of service to the date of payment.

(40 ILCS 5/4-108.9 new)

Sec. 4-108.9. Transfer to Article 3 fund.

(a) At any time during the 6 months following the effective date of this amendatory Act of the 104th General Assembly, an active member of an Article 3 police pension fund may apply for transfer to that fund of up to 8 years of his or her creditable service accumulated in a firefighter pension fund under this Article that is administered by a unit of local government if that active member was not subject to disciplinary action when he or she terminated employment with that employer. The creditable service shall be transferred upon payment by the firefighter pension fund to the Article 3 fund of an amount equal to:

(1) the amounts accumulated to the credit of the applicant on the books of the fund on the date of transfer for the service to be transferred; and

(2) employer contributions in an amount equal to the amount determined under item (1); and

(3) any interest paid by the applicant in order to reinstate service.

Participation in the firefighter pension fund with respect to the transferred creditable service shall terminate on the date of transfer.

(b) At the time of applying for transfer of creditable service under this Section, an active member of an Article 3 police pension fund may, for the purpose of that transfer, reinstate creditable service that was terminated by receipt of a refund, by payment to the police pension fund of the amount of the refund with interest thereon at the rate of 6% per year, compounded annually, from the date of the refund to the date of payment.

Section 90. The State Mandates Act is amended by adding Section 8.49 as follows:

(30 ILCS 805/8.49 new)

Sec. 8.49. Exempt mandate. Notwithstanding Sections 6 and 8 of this Act, no reimbursement by the State is required for the implementation of any mandate created by this amendatory Act of the 104th General Assembly.