Date	Chamber	Action
8/8/2011	House	Public Act . . . . . . . . . 97-0273

Statutes Amended In Order of Appearance

40 ILCS 5/7-209

from Ch. 108 1/2, par. 7-209

30 ILCS 805/8.35 new

Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Authorizes the board of trustees of the Illinois Municipal Retirement Fund to adopt rules specifying a separate interest rate that will apply to voluntary additional contributions made by employees. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

House Committee Amendment No. 1

	Deletes reference to:
	40 ILCS 5/7-209

30 ILCS 805/8.35 new

	Adds reference to:
	40 ILCS 5/3-110.8

40 ILCS 5/7-139.13

Replaces everything after the enacting clause. Amends the Downstate Police and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Provides that, for 60 days after the effective date of the amendatory Act, a person may transfer to IMRF up to 10 years of creditable service accumulated under a downstate police pension fund created under Article 3 of the Code. Provides that the creditable service shall be transferred upon payment by the police pension fund to IMRF of an amount equal to: (i) the amounts accumulated to the credit of the applicant on the books of the fund on the date of transfer; (ii) employer contributions in a specified amount; and (iii) any interest paid by the applicant in order to reinstate service. Provides that, until 60 days after the effective date of the amendatory Act, any active member of IMRF may reinstate all or any portion of his or her service that was terminated by receipt of a refund, by payment to the police pension fund of the amount of the refund with interest thereon at the actuarially assumed rate, compounded annually, from the date of refund to the date of payment. Effective immediately.

Actions 

Date	Chamber	Action
2/24/2011	House	Filed with the Clerk by Rep. Raymond Poe
2/24/2011	House	First Reading
2/24/2011	House	Referred to Rules Committee
2/28/2011	House	Assigned to Executive Committee
3/7/2011	House	Re-assigned to Personnel and Pensions Committee
3/10/2011	House	House Committee Amendment No. 1 Filed with Clerk by Rep. Raymond Poe
3/10/2011	House	House Committee Amendment No. 1 Referred to Rules Committee
3/15/2011	House	House Committee Amendment No. 1 Rules Refers to Personnel and Pensions Committee
3/17/2011	House	House Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote
3/17/2011	House	Do Pass as Amended / Short Debate Personnel and Pensions Committee; 009-000-000
3/17/2011	House	Placed on Calendar 2nd Reading - Short Debate
3/30/2011	House	Second Reading - Short Debate
3/30/2011	House	Placed on Calendar Order of 3rd Reading - Short Debate
3/31/2011	House	Third Reading - Short Debate - Passed 110-000-000
4/6/2011	Senate	Arrive in Senate
4/6/2011	Senate	Placed on Calendar Order of First Reading April 7, 2011
4/11/2011	Senate	Chief Senate Sponsor Sen. Terry Link
4/12/2011	Senate	First Reading
4/12/2011	Senate	Referred to Assignments
4/13/2011	Senate	Added as Alternate Chief Co-Sponsor Sen. Larry K. Bomke
4/27/2011	Senate	Assigned to Pensions and Investments
5/4/2011	Senate	Do Pass Pensions and Investments; 006-000-000
5/4/2011	Senate	Placed on Calendar Order of 2nd Reading May 5, 2011
5/5/2011	Senate	Second Reading
5/5/2011	Senate	Placed on Calendar Order of 3rd Reading May 6, 2011
5/12/2011	Senate	Third Reading - Passed; 054-000-000
5/12/2011	House	Passed Both Houses
6/10/2011	House	Sent to the Governor
8/8/2011	House	Governor Approved
8/8/2011	House	Effective Date August 8, 2011
8/8/2011	House	Public Act . . . . . . . . . 97-0273

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