Illinois General Assembly - Bill Status for HB0834
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 Bill Status of HB0834  96th General Assembly


Short Description:  PEN CD-POLICE & FIRE-INVESTMNT

House Sponsors
Rep. Mark H. Beaubien, Jr.

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/1-113.1
40 ILCS 5/3-135.1 new
40 ILCS 5/4-128.1 new
40 ILCS 5/7-201.2 new


Synopsis As Introduced
Amends the Illinois Pension Code. Provides that the board of trustees of downstate police and downstate firefighter pension funds may, by a resolution adopted by a majority vote of its membership, transfer moneys of the pension fund to the Illinois Municipal Retirement Fund for management and administration. Provides guidelines for the Illinois Municipal Retirement Fund to follow in investment of the money of downstate police and downstate firefighter pension funds, including the transfer of the funds assets and quarterly and annual reports to the pension funds. Effective January 1, 2010.

Actions 
DateChamber Action
  2/9/2009HouseFiled with the Clerk by Rep. Mark H. Beaubien, Jr.
  2/9/2009HouseFirst Reading
  2/9/2009HouseReferred to Rules Committee
  2/11/2009HouseAssigned to Personnel and Pensions Committee
  3/13/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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