Senate Sponsors: PETERSON-MADIGAN,R. Short description: PEN CD-IMRF-OMNIBUS Synopsis of Bill as introduced: Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Pension Code. Removes the pre-existing condition limitation on temporary disability benefits for persons whose date of disability is after May 31, 1997. Allows members and retirees to receive up to 24 months of credit for military service not preceded by employment upon payment of the corresponding employee and employer contributions; requires employer approval. Allows all credit for military service or a leave of absence established by a sheriff's law enforcement employee to be deemed credit in that capacity. Allows an inactive member to designate a death benefit beneficiary. Changes certain obsolete references to educational service regions. Deletes provisions limiting retroactive payment of retirement benefits. Accelerates the automatic increase in surviving spouse's annuity for survivors of annuitants who die in December. Provides for participation by persons who return to service in a position requiring between 600 and 1000 hours per year after retiring from such a position with an employer that allowed participation for those employees. Restores the availability of reversionary annuities. Authorizes employers to increase disability benefits from 50% to 60% of earnings, with the the resulting costs to be paid by the employer and employees. Authorizes the Fund to offer deferred compensation and tax-deferred annuity programs to its members. Requires an employee contribution for certain prior service credits granted to employees of entities that begin participating in the Fund after January 1, 1998. Makes other changes. Amends the Unemployment Insurance Act. Provides that the Department of Employment Security shall make available to the Illinois Municipal Retirement Fund, upon request, information that may assist the Fund in determining whether a recipient of a disability payment from the Fund is employed. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION IMPACT NOTE The fiscal impact of SB 717 cannot be determined, but it is expected to be minor and primarily administrative. The fiscal impact will vary by individual employer within the IMRF. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status