Bill Title: Amends the IMRF Article of the Illinois Pension Code. Makes changes in the way the annuity reserve is calculated if a retiring employee has accumulated service in more than one participating municipality or participating instrumentality. Amends the State Mandates Act to require implementation without reimbursement. Effective January 1, 2012.

Spectrum: Slight Partisan Bill (Democrat 6-2)

Status: (Passed) 2011-08-12 - Public Act . . . . . . . . . 97-0319 [HB1471 Detail]

Text: Latest bill text (Chaptered) [HTML]

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