PEN CD-IMRF-POLICE PARTICIPATE Senate SponsorsSen. Terry Link and Bill Brady 1/9/2007SenateSession Sine Die 40 ILCS 5/7-109.3from Ch. 108 1/2, par. 7-109.340 ILCS 5/7-132from Ch. 108 1/2, par. 7-13230 ILCS 805/8.29 newAmends the Illinois Municipal Retirement Fund (IMRF) Article of the Pension Code. Requires participation by all full-time municipal police officers who do not participate in an Article 3 police pension fund. Makes these police officers eligible for the sheriff's law enforcement (SLEP) formula. Excludes Chicago. Pre-empts home rule powers. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.Pension Note (Government Forecasting & Accountability) The fiscal impact would vary among municipalities. If the employer does not currently participate in IMRF, the cost of providing retirement benefits to police could be substantial. Would also increase the cost for municipalities that currently offer police officers the IMRF regular formula, as this bill requires all IMRF-covered police officers to be covered by SLEP formula.Senate Floor Amendment No. 1 Provides that the changes apply to collective bargaining agreements entered into on or after the effective date. 2/24/2005SenateFiled with Secretary by Sen. Terry Link 2/24/2005SenateFirst Reading 2/24/2005SenateReferred to Rules 3/2/2005SenateAssigned to Pensions & Investments 3/9/2005SenateDo Pass Pensions & Investments; 009-000-000 3/9/2005SenatePlaced on Calendar Order of 2nd Reading March 10, 2005 3/11/2005SenatePension Note Filed from the Commission on Government Forecasting and Accountability. 4/5/2005SenateSenate Floor Amendment No. 1 Filed with Secretary by Sen. Terry Link 4/5/2005SenateSenate Floor Amendment No. 1 Referred to Rules 4/5/2005SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Terry Link 4/5/2005SenateSenate Floor Amendment No. 2 Referred to Rules 4/6/2005SenateSenate Floor Amendment No. 1 Rules Refers to Pensions & Investments 4/6/2005SenateSenate Floor Amendment No. 2 Rules Refers to Pensions & Investments 4/7/2005SenateSenate Floor Amendment No. 1 Be Adopted Pensions & Investments; 006-000-000 4/7/2005SenateSenate Floor Amendment No. 2 Held in Pensions & Investments 4/13/2005SenateSecond Reading 4/13/2005SenateSenate Floor Amendment No. 1 Adopted; Link 4/13/2005SenatePlaced on Calendar Order of 3rd Reading April 14, 2005 4/13/2005SenateAdded as Co-Sponsor Sen. Bill Brady 5/10/2005SenateMotion Filed Sen. Louis S. Viverito; , Cullerton, Hendon, Petka and Roskam, Motion to Re-refer, pursuant to Senate Rule 3-7. Re-referred to the Senate Rules Committee. 5/10/2005SenateMotion Prevailed 5/10/2005SenateRe-referred to Rules 7/1/2005SenateSenate Floor Amendment No. 2 Referred to Rules; 3-9(b) 1/9/2007SenateSession Sine Die