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<xml>
<title>Illinois General Assembly - Bill Status for SB 2712   </title>
<shortdesc>PENCD-ART 7-ADMINISTRATIVE</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. James F. Clayborne, Jr.</sponsors>
</sponsor>
<lastaction>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/7-172</reference><aliasreference>from Ch. 108 1/2, par. 7-172</aliasreference><reference>40 ILCS 5/7-173.2</reference><aliasreference>from Ch. 108 1/2, par. 7-173.2</aliasreference><reference>40 ILCS 5/7-199.4 new</reference><aliasreference></aliasreference><reference>40 ILCS 5/7-204</reference><aliasreference>from Ch. 108 1/2, par. 7-204</aliasreference><reference>30 ILCS 805/8.28 new</reference><aliasreference></aliasreference><SynopsisText>Amends the IMRF Article of the Illinois Pension Code. Provides that each county with current or former elected county officers participating in the alternative annuity program shall have a separate employer contribution rate computed for those elected officers, and provides that those officers shall be treated as a separate unit within the Fund. Provides that a municipality may transfer funds among its reserves, from one that is over 100% funded to one that is less, under certain circumstances. In the provisions relating to employer pick-up of employee contributions, requires pick-up of employee contributions under the alternative program for elected county officers. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/4/2004</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. James F. Clayborne, Jr.</action>
<statusdate>2/4/2004</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/4/2004</statusdate><chamber>Senate</chamber><action>Referred to Rules</action>
<statusdate>1/11/2005</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

