Illinois General Assembly - Bill Status for HB4991
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 Bill Status of HB4991  95th General Assembly


Short Description:  PEN CD-ART 4-DROP PLAN

House Sponsors
Rep. Gary Hannig

Last Action
DateChamber Action
  1/13/2009HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/4-105e new
40 ILCS 5/4-109from Ch. 108 1/2, par. 4-109
40 ILCS 5/4-109.4 new


Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Allows a firefighter to elect to receive either a lump sum payment or an actuarially equivalent annuity for up to 5 years of service as part of a deferred retirement option plan. Amends the State Mandates Act to require implementation without reimbursement. Effective July 1, 2008.

Actions 
DateChamber Action
  2/13/2008HouseFiled with the Clerk by Rep. Gary Hannig
  2/13/2008HouseFirst Reading
  2/13/2008HouseReferred to Rules Committee
  1/13/2009HouseSession Sine Die

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