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IL HB3291
Bill
Status
12/3/2014
Primary Sponsor
Jeanne Ives
Click for details
AI Summary
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Restricts participation in the General Assembly Retirement System to persons who became participants before the effective date of this Act; system shall not accept new participants after that date.
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Prohibits persons holding part-time elective offices in municipalities and counties from being employees, contributors, or participants in pension systems after the effective date, unless they were elected to that office before the effective date and have elected to participate.
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Establishes presumption that elective offices are part-time in the absence of an official job description or legal determination filed with the pension board declaring the position full-time.
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Applies restrictions to the Illinois Municipal Retirement Fund (IMRF), Chicago Municipal Retirement Fund, Cook County Employees' Annuity and Benefit Fund, and General Assembly Retirement System.
Legislative Description
PENCD-LIMITS ON MEMBERSHIP
Last Action
Session Sine Die
12/3/2014