91st General Assembly
Summary of HB0652
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House Sponsors:

Short description: 
PEN CD-DNST POL-MILITARY CRED                                              

Synopsis of Bill as introduced:
        Amends the Downstate Police Article of the Pension Code to  allow      
   purchase  of  service credit for up to 2 years of military service not      
   immediately preceded by employment.   Allows  purchase  at  a  reduced      
   interest  rate for 6 months.  Amends the State Mandates Act to require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Pension Laws Commission)                               
          Impact cannot be determined; for some employees, employee con-       
          tributions may not cover the entire cost of the purchased mil-       
          itary service credit.                                                
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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