Bill Status of SB 1986   104th General Assembly

Short Description:  PEN CD-POLICE TO IMRF-TRANSFER

Senate Sponsors
Sen. Chapin Rose

Last Action  View All Actions

DateChamber Action
  5/9/2025SenateRule 3-9(a) / Re-referred to Assignments

Statutes Amended In Order of Appearance
40 ILCS 5/3-110.14
40 ILCS 5/7-139.1a
30 ILCS 805/8.49 new

Synopsis As Introduced
Amends the Downstate Police and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Provides that, until 6 months after the effective date of the amendatory Act, a participating sheriff's law enforcement employee may elect to transfer service credit from a downstate police pension fund to IMRF. Provides that to establish that creditable service, the sheriff's law enforcement employee may elect to either pay a specified amount to IMRF or have the amount of his or her creditable service reduced by a specified amount. Provides that if the amount transferred to IMRF is greater than a specified amount, the additional amount shall be credited to the account of the sheriff's law enforcement employee's employer. Makes conforming changes. Amends the State Mandates Act to require implementation without reimbursement.

Actions 
DateChamber Action
  2/6/2025SenateFiled with Secretary by Sen. Chapin Rose
  2/6/2025SenateFirst Reading
  2/6/2025SenateReferred to Assignments
  2/25/2025SenateAssigned to Pensions
  3/21/2025SenateRule 2-10 Committee Deadline Established As April 4, 2025
  4/4/2025SenateRule 2-10 Committee Deadline Established As April 11, 2025
  4/11/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As May 9, 2025
  5/9/2025SenateRule 3-9(a) / Re-referred to Assignments

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