Bill Status of SB2369 99th General Assembly
Short Description: PEN CD-IMRF-PURCHASED CREDITS
Sen. Daniel Biss
| 1/10/2017||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. With respect to establishing certain types of service credit in the Fund, provides that application and payment must be received by the Board while the applicant is an active participant, except that one payment will be permitted after termination of participation. Effective immediately.