PENCD-DWNST POL&FIRE-FINANCING Senate SponsorsSen. Donald P. DeWitte 1/10/2023SenateSession Sine Die 40 ILCS 5/3-125from Ch. 108 1/2, par. 3-12540 ILCS 5/4-118from Ch. 108 1/2, par. 4-11830 ILCS 805/8.46 newAmends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Provides that the annual employer contribution shall include an amount sufficient to bring the total assets of the pension fund up to 90% of the total actuarial liabilities of the pension fund by the end of municipal fiscal year 2050 (instead of 2040). Makes a conforming change. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 1/19/2022SenateFiled with Secretary by Sen. Donald P. DeWitte 1/19/2022SenateFirst Reading 1/19/2022SenateReferred to Assignments 1/10/2023SenateSession Sine Die