IL HB5866 | 2017-2018 | 100th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 8 2019 - 100% progression
Action: 2019-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Regulation of Public Pension Funds Article of the Illinois Pension Code. Requires the Public Pension Division of the Department of Insurance to make resources available to assist each municipality: (1) under the Downstate Police Article with the establishment of a police pension fund under that Article; and (2) under the Downstate Firefighter Article with the establishment of a firefighters' pension fund under that Article. Provides that the resources shall include, but not be limited to, the support of the Division's legal and professional staff. Provides that the Division must make these resources available to municipalities by January 1, 2020. Effective immediately.

Tracking Information

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Title

PEN CD-PUBLIC PENSION DIVISION

Sponsors


History

DateChamberAction
2019-01-08HouseSession Sine Die
2018-04-20HouseReferred to Rules Committee
2018-04-20HouseFirst Reading
2018-04-20HouseFiled with the Clerk by Rep. Thomas M. Bennett

Code Citations

ChapterArticleSectionCitation TypeStatute Text
4051A-106.5New CodeSee Bill Text

Illinois State Sources


Bill Comments

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