PENCD-IMRF House SponsorsRep. Lou Lang Senate Sponsors(Sen. Ira I. Silverstein) 1/11/2005HouseSession Sine Die 40 ILCS 5/7-137from Ch. 108 1/2, par. 7-13740 ILCS 5/7-139from Ch. 108 1/2, par. 7-139 Amends the Illinois Municipal Article of the Illinois Pension Code. Provides that a person who is employed by a municipality that (i) has at least 35 employees on its effective date of participation, (ii) is located within a county with at least 2,000,000 inhabitants; and (iii) maintains an independent defined benefit pension plan for the benefit of its employees shall not be considered a participating employee under the Fund, unless he or she files an irrevocable election to participate within 90 days after the municipality's effective date of participation. Provides that a municipality that (i) has at least 35 employees on its effective date of participation, (ii) is located within a county with at least 2,000,000 inhabitants; and (iii) maintains an independent defined benefit pension plan for the benefit of its employees may restrict creditable service for an employee's periods of prior service if the municipality adopts an irrevocable resolution and files that resolution with the board. Effective immediately.House Amendment No. 1 Further amends the IMRF Article of the Illinois Pension Code. Provides that any person who is actively employed by a certain municipality on the municipality’s effective date of participation in the Fund (now any person who is actively employed by that municipality) shall not be considered a participating employee under the Fund, unless the person files with the board within 90 days of the municipality’s effective date of participation an irrevocable election to participate.Pension Note (Economic and Fiscal Commission) Would not affect the accrued liabilities or annual cost of any current IMRF employers. 1/15/2004HouseFiled with the Clerk by Rep. Lou Lang 1/15/2004HouseFirst Reading 1/15/2004HouseReferred to Rules Committee 2/25/2004HouseAssigned to Personnel and Pensions Committee 3/4/2004HouseHouse Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee 3/4/2004HouseHouse Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote 3/4/2004HouseDo Pass as Amended / Short Debate Personnel and Pensions Committee; 005-000-000 3/4/2004HousePlaced on Calendar 2nd Reading - Short Debate 3/16/2004HousePension Note Filed As Amended by HA 1 3/23/2004HouseSecond Reading - Short Debate 3/23/2004HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/24/2004HouseThird Reading - Short Debate - Passed 116-000-000 3/25/2004SenateArrive in Senate 3/25/2004SenatePlaced on Calendar Order of First Reading March 26, 2004 3/25/2004SenateChief Senate Sponsor Sen. Ira I. Silverstein 3/25/2004SenateFirst Reading 3/25/2004SenateReferred to Rules 1/11/2005HouseSession Sine Die