PEN CD-POLICE/FIRE INVESTMENT Senate SponsorsSen. William E. Brady 1/9/2019SenateSession Sine Die 40 ILCS 5/1-101.6 new40 ILCS 5/1-101.7 new40 ILCS 5/1-113.05 new40 ILCS 5/1-113.140 ILCS 5/1-113.240 ILCS 5/1-113.340 ILCS 5/1-113.440 ILCS 5/1-113.4a40 ILCS 5/1-113.540 ILCS 5/1-113.640 ILCS 5/1-113.740 ILCS 5/3-127from Ch. 108 1/2, par. 3-12740 ILCS 5/3-132from Ch. 108 1/2, par. 3-13240 ILCS 5/3-135from Ch. 108 1/2, par. 3-13540 ILCS 5/3-135.1 new40 ILCS 5/3-135.2 new40 ILCS 5/4-120from Ch. 108 1/2, par. 4-12040 ILCS 5/4-123from Ch. 108 1/2, par. 4-12340 ILCS 5/4-128from Ch. 108 1/2, par. 4-12840 ILCS 5/4-128.1 new40 ILCS 5/4-128.2 new40 ILCS 5/7-226 new40 ILCS 5/7-227 new30 ILCS 805/8.42 newAmends the Illinois Pension Code. Moves the investment power for eligible downstate police and downstate firefighter pension funds that have net assets in trust that exceed an amount equal to 3 months of current liabilities to the Board of Trustees of the Illinois Municipal Retirement Fund (IMRF). Provides that within 24 months of the effective date of the Act, the Department of Insurance shall audit the investment assets of each eligible pension fund to determine a certified investment asset list. Provides that upon receipt of the certified investment asset list, the Board of IMRF shall initiate the transfer of assets from the board of trustees of the eligible pension fund to the Board of IMRF. Makes conforming changes. Amends the State Mandates Act to require implementation without reimbursement. 2/16/2018SenateFiled with Secretary by Sen. Pamela J. Althoff 2/16/2018SenateFirst Reading 2/16/2018SenateReferred to Assignments 2/27/2018SenateAssigned to Licensed Activities and Pensions 4/12/2018SenateTo Subcommittee on Pension Consolidation 4/13/2018SenateRule 2-10 Committee Deadline Established As April 27, 2018 4/27/2018SenateRule 3-9(a) / Re-referred to Assignments 9/30/2018SenateChief Sponsor Changed to Sen. William E. Brady 1/9/2019SenateSession Sine Die