Illinois General Assembly - Full Text of HB4701
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Full Text of HB4701  100th General Assembly

HB4701eng 100TH GENERAL ASSEMBLY

  
  
  

 


 
HB4701 EngrossedLRB100 19022 RPS 34276 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by adding
5Section 3-111.5 as follows:
 
6    (40 ILCS 5/3-111.5 new)
7    Sec. 3-111.5. Membership date; previous IMRF service with
8the same municipality. A police officer who previously
9participated in the Illinois Municipal Retirement Fund (IMRF)
10for service as a member of the police department of a
11municipality and was transferred to that municipality's police
12pension fund upon its creation under this Article shall, for
13the purposes of determining the applicable tier of benefits
14under this Article, be deemed to have become a police officer
15and member of that municipality's police pension fund on the
16date that he or she first participated in IMRF as a member of
17the police department of that municipality, notwithstanding
18whether that start date was before January 1, 2011.
 
19    Section 90. The State Mandates Act is amended by adding
20Section 8.42 as follows:
 
21    (30 ILCS 805/8.42 new)

 

 

HB4701 Engrossed- 2 -LRB100 19022 RPS 34276 b

1    Sec. 8.42. Exempt mandate. Notwithstanding Sections 6 and 8
2of this Act, no reimbursement by the State is required for the
3implementation of any mandate created by this amendatory Act of
4the 100th General Assembly.
 
5    Section 99. Effective date. This Act takes effect upon
6becoming law.