HB 4891

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-Art 4 Fund Investments

Abstract

Amends the Illinois Pension Code. Gives downstate firefighter pension funds the same investment authority as all of the other retirement systems and pension funds (excluding downstate police pension funds) under the Code. Removes references to downstate firefighter pension funds in various provisions regarding investment authority that were formerly applicable only to downstate police and downstate firefighter pension funds. Requires the board of trustees of a downstate firefighter pension fund to appoint investment advisers (was discretionary). Amends the State Mandates Act to require implementation without reimbursement.

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Jan 13, 2009

House

Session Sine Die

Mar 10, 2008

House

Added Co-Sponsor Rep. Linda Chapa LaVia

Feb 11, 2008

House

Filed with the Clerk by Rep. Lisa M. Dugan

House

First Reading

House

Referred to Rules Committee

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