PEN CD-DNST POLICE & FIRE-IMRF Senate SponsorsSen. Laura Fine 1/7/2025SenateSession Sine Die 40 ILCS 5/3-103from Ch. 108 1/2, par. 3-10340 ILCS 5/3-146 new40 ILCS 5/4-103from Ch. 108 1/2, par. 4-10340 ILCS 5/4-141.5 new40 ILCS 5/7-109from Ch. 108 1/2, par. 7-10940 ILCS 5/7-132from Ch. 108 1/2, par. 7-132Amends the Downstate Police, Downstate Firefighter, and Illinois Municipal Retirement Fund (IMRF) Articles of the Illinois Pension Code. Provides that a municipality with a population that has fallen below 5,000 inhabitants as determined by both of the preceding 2 federal decennial censuses, or that has a population of less than 5,000 inhabitants that approved a referendum creating a pension fund, may terminate its participation in a pension fund created under the Downstate Police or Downstate Firefighter Article with regard to persons who first become police officers or firefighters after a specified proposition is adopted and enroll in IMRF police officers or firefighters hired after the adoption of that proposition. Provides the required notice and form of the proposition. Provides that a municipality may elect to terminate its participation under the Article and dissolve the fund if certain conditions are met. Makes conforming and other changes. Effective immediately. 1/20/2023SenateFiled with Secretary by Sen. Laura Fine 1/20/2023SenateFirst Reading 1/20/2023SenateReferred to Assignments 1/31/2023SenateAssigned to Senate Special Committee on Pensions 3/10/2023SenateRule 3-9(a) / Re-referred to Assignments 1/7/2025SenateSession Sine Die