IL HB5171

Amends Section 22C-116 of the Illinois Pension Code regarding trustee elections and terms of office for a fire protection district pension investment board.

Requires trustee nominations by petition with minimum signatures: 20 mayors/presidents for municipal/fire district positions, 400 participants, or 100 beneficiaries.

Allows board to conduct elections via mail ballot, Internet ballot, or phone ballot, with candidates listed alphabetically and votes counted by appointed judges and clerks.

Ensures at least one trustee is elected from a fire protection district; if highest vote-getters would result in no fire district trustee, the highest-voted fire district candidate is elected instead.

Sets initial elected trustees' terms at 2 or 4 years (staggered) and subsequent trustees at 4-year terms; establishes vacancy procedures with elections for unexpired terms of 6+ months and appointments for shorter vacancies.