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IL HB2902
Bill
Status
2/14/2019
Primary Sponsor
Jay Hoffman
Click for details
AI Summary
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Police officers who previously participated in IMRF before transferring to a municipality's police pension fund shall have their membership date and tier benefits determined based on their original IMRF start date, regardless of whether that date was before January 1, 2011.
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Tier 2 members with at least 20 years of service as police officers or firefighters are eligible to retire at age 60 (instead of the standard age 67) if Rule 4 of Section 15-136 applies to them.
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Amends the State Mandates Act to exempt this bill's requirements from state reimbursement obligations.
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The bill takes effect immediately upon becoming law.
Legislative Description
PEN CD-DNST POL & SURS-TIER 2
Last Action
Rule 19(a) / Re-referred to Rules Committee
3/29/2019