Jack D. Franks
- Democratic
Amends the Downstate Police and Downstate Firefighter Articles of the Illinois Pension Code. Allows the corporate authorities of a municipality, by resolution or ordinance, to dissolve the downstate police or firefighter pension funds established by the municipality if an independent auditor has certified to the authorities that the funds have no liabilities, participants, or beneficiaries entitled to benefits. Requires the corporate authorities of the municipality to reestablish those funds if a police officer or firefighter of the municipality seeks to establish service credit in the fund or if reestablishment of the fund is required upon a former police officer or firefighter's reinstatement of creditable service. Suspends the duty of the corporate authorities of a municipality to establish and administer a downstate police or firefighter pension fund while the fund is dissolved. Requires the Public Pension Division of the Department of Insurance to adopt corresponding procedural rules.
Effective Date January 1, 2012
Public Act . . . . . . . . . 97-0099
Governor Approved
Sent to the Governor
Passed Both Houses
Third Reading - Passed; 055-000-000
Placed on Calendar Order of 3rd Reading May 13, 2011
Second Reading
Do Pass Pensions and Investments; 006-000-000
Placed on Calendar Order of 2nd Reading May 5, 2011
Assigned to Pensions and Investments
Chief Senate Sponsor Sen. Pamela J. Althoff
Arrive in Senate
Placed on Calendar Order of First Reading
First Reading
Referred to Assignments
Third Reading - Short Debate - Passed 116-000-000
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Added Co-Sponsor Rep. Elaine Nekritz
Do Pass / Short Debate Personnel and Pensions Committee; 009-000-000
Placed on Calendar 2nd Reading - Short Debate
Re-assigned to Personnel and Pensions Committee
Assigned to Executive Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Jack D. Franks
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Enrolled | HTML |
Document | Format |
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Public Act |
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