HB 5342

Abstract

Amends the Chicago Firefighter Article of the Illinois Pension Code. Authorizes a person to participate in the Chicago Firefighter Article if he or she (1) is or was employed and receiving a salary as a fireman, (2) has at least 5 years of service under the Chicago Firefighter Article, (3) is employed in a position covered under a specified provision of the Chicago Municipal Article relating to aldermen and members of the city council, (4) made an election under the Chicago Municipal Article to not receive service credit or be a participant under that Article, and (5) made an election to participate under the Chicago Firefighter Article. Provides that for such a person, "salary" means the lesser of (i) the salary associated with the highest career service rank under the Chicago Firefighter Article or (ii) the actual salary received by that person for service under a specified provision of the Chicago Municipal Article relating to aldermen and members of the city council. Provides that for the purposes of determining employee and employer contributions, the employee and employer shall be responsible for any and all contributions otherwise required if the person was employed as a fireman. Makes conforming changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.