Bill Sponsors: IL SB2972 | 2015-2016 | 99th General Assembly

Bill Title: Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code, allows a participant who is terminating service to elect a separation benefit rather than a retirement annuity if his or her annuity would be less than $100 (now $30) per month. Effective January 1, 2017.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Passed) 2016-08-05 - Public Act . . . . . . . . . 99-0747 [SB2972 Detail]

Text: Latest bill text (Chaptered) [HTML]

Sponsors

NameTypeSponsorshipDistrictFinancialEncyclopediaBiography
Senator Don Harmon [D]PrimarySponsored BillsSD-039FollowTheMoneyBallotpediaVoteSmart
Senator Iris Martinez [D]CosponsorSponsored BillsSD-020FollowTheMoneyBallotpediaVoteSmart
Senator James Clayborne [D]CosponsorSponsored BillsSD-057FollowTheMoneyBallotpediaVoteSmart
Representative William Davis [D]PrimarySponsored BillsHD-030FollowTheMoneyBallotpediaVoteSmart

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