Bill Text: IL HB2582 | 2009-2010 | 96th General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: If Senate Bill 2520 of the 95th General Assembly becomes law, amends the Chicago Police Article of the Illinois Pension Code to authorize an active member to establish service credit in 6-month increments for certain employment in a law enforcement capacity under the Chicago Municipal Article of the Code or as a law enforcement officer with any agency of the United States government. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2009-08-11 - Public Act . . . . . . . . . 96-0285 [HB2582 Detail]
Download: Illinois-2009-HB2582-Introduced.html
Bill Title: If Senate Bill 2520 of the 95th General Assembly becomes law, amends the Chicago Police Article of the Illinois Pension Code to authorize an active member to establish service credit in 6-month increments for certain employment in a law enforcement capacity under the Chicago Municipal Article of the Code or as a law enforcement officer with any agency of the United States government. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2009-08-11 - Public Act . . . . . . . . . 96-0285 [HB2582 Detail]
Download: Illinois-2009-HB2582-Introduced.html
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1 | AN ACT concerning public employee benefits.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. If, and only if, Senate Bill 2520 of the 95th | ||||||||||||||||||||||||||
5 | General Assembly becomes law, then the Illinois Pension Code is | ||||||||||||||||||||||||||
6 | amended by changing Section 5-214.2 as follows:
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7 | (40 ILCS 5/5-214.2) | ||||||||||||||||||||||||||
8 | Sec. 5-214.2. Credit for certain law enforcement service. | ||||||||||||||||||||||||||
9 | An active policeman who is a member of this Fund on or before | ||||||||||||||||||||||||||
10 | the effective date of this Section may establish up to 10 years | ||||||||||||||||||||||||||
11 | of additional service credit in 6-month increments for service | ||||||||||||||||||||||||||
12 | in a law enforcement capacity under Articles 3, 7, 8, 9, 10, | ||||||||||||||||||||||||||
13 | 13, 14, and 15 and Division 1 of Article 22 , or as a law | ||||||||||||||||||||||||||
14 | enforcement officer with the Chicago Housing Authority , or as a | ||||||||||||||||||||||||||
15 | law enforcement officer with any agency of the United States | ||||||||||||||||||||||||||
16 | government , provided that: (1) service credit is not available | ||||||||||||||||||||||||||
17 | for that employment under any other provision of this Article; | ||||||||||||||||||||||||||
18 | (2) any service credit for that employment received under any | ||||||||||||||||||||||||||
19 | other provision of this Code or under the retirement plan of | ||||||||||||||||||||||||||
20 | the Chicago Housing Authority or Federal Employee Retirement | ||||||||||||||||||||||||||
21 | System has been terminated; and (3) the policeman applies for | ||||||||||||||||||||||||||
22 | this credit in writing within one year after the effective date | ||||||||||||||||||||||||||
23 | of this Section and pays to the Fund within 5 years after the |
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1 | date of application an amount to be determined by the Fund in | ||||||
2 | accordance with this Section. | ||||||
3 | An active policeman who becomes a member of this Fund after | ||||||
4 | the effective date of this Section may establish up to 10 years | ||||||
5 | of additional service credit in 6-month increments for service | ||||||
6 | in a law enforcement capacity under Articles 3, 7, 8, 9, 10, | ||||||
7 | 13, 14, and 15 and Division 1 of Article 22 , or as a law | ||||||
8 | enforcement officer with the Chicago Housing Authority , or as a | ||||||
9 | law enforcement officer with any agency of the United States | ||||||
10 | government , provided that: (1) service credit is not available | ||||||
11 | for that employment under any other provision of this Article; | ||||||
12 | (2) any service credit for that employment received under any | ||||||
13 | other provision of this Code or under the retirement plan of | ||||||
14 | the Chicago Housing Authority or Federal Employee Retirement | ||||||
15 | System has been terminated; and (3) the policeman applies for | ||||||
16 | this credit in writing within 2 years after he or she begins | ||||||
17 | employment under this Article and pays to the Fund within 5 | ||||||
18 | years after the date of application an amount to be determined | ||||||
19 | by the Fund in accordance with this Section. | ||||||
20 | The Fund must determine the policeman's payment required to | ||||||
21 | establish creditable service under this Section by taking into | ||||||
22 | account the appropriate actuarial assumptions, including | ||||||
23 | without limitation the police officer's service, age, and | ||||||
24 | salary history; the level of funding of the Fund; and any other | ||||||
25 | factors that the Fund determines to be relevant. For this | ||||||
26 | purpose, the policeman's required payment should result in no |
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1 | significant increase to the Fund's unfunded actuarial accrued | ||||||
2 | liability determined as of the most recent actuarial valuation, | ||||||
3 | based on the same assumptions and methods used to develop and | ||||||
4 | report the Fund's actuarial accrued liability and actuarial | ||||||
5 | value of assets under Statement No. 25 of Governmental | ||||||
6 | Accounting Standards Board or any subsequent applicable | ||||||
7 | Statement.
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8 | (Source: 95SB2520enr.)
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9 | Section 90. The State Mandates Act is amended by adding | ||||||
10 | Section 8.33 as follows:
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11 | (30 ILCS 805/8.33 new) | ||||||
12 | Sec. 8.33. Exempt mandate. Notwithstanding Sections 6 and 8 | ||||||
13 | of this Act, no reimbursement by the State is required for the | ||||||
14 | implementation of any mandate created by this amendatory Act of | ||||||
15 | the 96th General Assembly.
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16 | Section 99. Effective date. This Act takes effect upon | ||||||
17 | becoming law.
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