92nd General Assembly
Summary of HB0493
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House Sponsors:

Short description: 
PEN CD-SLEP-PROBATION OFFICER                                              

Synopsis of Bill as introduced:
        Amends the IMRF Article of  the  Illinois  Pension  Code.   Makes      
   county  probation  officers eligible for the sheriff's law enforcement      
   employee (SLEP) formula; requires an  affirmative  resolution  of  the      
   employer.  Allows these probation officers to convert non-SLEP service      
   as  a  probation  officer into SLEP credit by paying the difference in      
   employee contributions plus interest; waives the interest  if  payment      
   is  made  within  one  year; requires an affirmative resolution by the      
   employer.  Effective immediately.                                           
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB493 cannot be determined, as the number       
          of county probation officers is unknown. Including additional        
          employees under the SLEP formula would increase IMRF costs for       
          their employers.                                                     
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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