SMITH,MICHAEL-HOFFMAN. 40 ILCS 5/7-142 from Ch. 108 1/2, par. 7-142 40 ILCS 5/7-144.3 from Ch. 108 1/2, par. 7-144.3 30 ILCS 805/8.24 new Amends the IMRF Article of the Illinois Pension Code. Compounds the annual increase in retirement annuity for annuities calculated under the special formula for sheriff's law enforcement employees (SLEPs). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of HB 4083 has not been determined, but could be substantial for SLEP employers. The supplemental benefit payment (13th check) will continue for SLEP employees, in addition to the compounded annual increase for the retirement annuity. 00-01-31 H FILED WITH CLERK 00-01-31 H FIRST READING 00-01-31 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-02-22 H ADDED AS A JOINT SPONSOR HOFFMAN 00-03-21 H PENSION NOTE FILED 00-03-21 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary