92nd General Assembly
Status of HB0287
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 Full Text  Bill Summary

   40 ILCS 5/7-141.1                                                           

        Amends the Illinois Municipal Retirement Fund (IMRF)  Article  of      
   the  Illinois  Pension Code.  In the provisions restricting the return      
   to employment after  receiving  early  retirement  benefits,  excludes      
   elective office.  Effective immediately.                                    
          PENSION NOTE (Pension Laws Commission)                               
          HB287 would probably have little or no fiscal impact as there        
          are few ERI participants likely to forfeit the enhanced (ERI)        
          annuity, as required by current law, by serving as an elected        
          official. Therefore, removing the prohibition against simul-         
          taneously receiving an annuity (based on ERI age enhancement         
          and service credit) and serving as an elected county official        
          would allow some members to participate in an ERI (for regular       
          IMRF service) and continue serving as an elected official.           
   JAN-24-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-31-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   FEB-06-2001  H                        PENSION NOTE FILED                       
   FEB-06-2001  H                   COMMITTEE               PERS PENSION          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary