Illinois General Assembly - Full Text of Public Act 096-0260
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Public Act 096-0260


 

Public Act 0260 96TH GENERAL ASSEMBLY



 


 
Public Act 096-0260
 
HB1291 Enrolled LRB096 08595 AMC 18718 b

    AN ACT concerning public employment benefits.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Pension Code is amended by adding
Section 6-210.4 as follows:
 
    (40 ILCS 5/6-210.4 new)
    Sec. 6-210.4. Creditable service for pre-employment
military service. An active fireman may establish a maximum of
24 months of additional service credit attributed to service in
the armed forces of the United States that was served prior to
employment by the city as a firefighter by applying in writing
to the fund and, after substantiation of any such requested
service, making contributions to the fund equal to (i) the
employee contributions that would have been required had the
service been rendered as a member, plus (ii) an amount
determined by the fund to be equal to the employer's normal
cost of the benefits accrued for that military service, plus
(iii) interest at the actuarially assumed rate provided in the
Fund's most recent annual actuarial valuation, compounded
annually from the first date of membership in the fund to the
date of payment on items (i) and (ii).
    This Section applies only to firemen in service on or after
its effective date.
 
    Section 90. The State Mandates Act is amended by adding
Section 8.33 as follows:
 
    (30 ILCS 805/8.33 new)
    Sec. 8.33. Exempt mandate. Notwithstanding Sections 6 and 8
of this Act, no reimbursement by the State is required for the
implementation of any mandate created by this amendatory Act of
the 96th General Assembly.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 8/11/2009