Illinois General Assembly - Bill Status for HB4458
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 Bill Status of HB4458  97th General Assembly

Short Description:  PEN CD-TRANSFER-SURS POLICE

House Sponsors
Rep. Dan Brady

Last Action
DateChamber Action
  1/8/2013HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/3-110from Ch. 108 1/2, par. 3-110
40 ILCS 5/3-110.6from Ch. 108 1/2, par. 3-110.6
40 ILCS 5/15-113from Ch. 108 1/2, par. 15-113
40 ILCS 5/15-113.12 new
40 ILCS 5/15-134.4from Ch. 108 1/2, par. 15-134.4
30 ILCS 805/8.36 new


Synopsis As Introduced
Amends the Illinois Pension Code. For a period of 6 months, allows a police officer to transfer up to 10 years of creditable service in either direction between a downstate police pension fund and the State Universities Retirement System. Applies only to service as a police officer. Requires payment by the police officer of the difference between the amount of contributions transferred and the true cost of allowing the creditable service to be established. Authorizes reinstatement of transferable credits. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately

Actions 
DateChamber Action
  1/30/2012HouseFiled with the Clerk by Rep. Dan Brady
  1/30/2012HouseFirst Reading
  1/30/2012HouseReferred to Rules Committee
  1/8/2013HouseSession Sine Die

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