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<xml>
<title>Illinois General Assembly - Bill Status for HB 5774   </title>
<shortdesc>PEN CD-ARTS 3 &amp; 7-TRANSFERS</shortdesc>
<sponsor>
<sponsorhead1>House Sponsors</sponsorhead1><sponsors>Rep. Renée Kosel</sponsors>
</sponsor>
<lastaction>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>40 ILCS 5/3-110.8</reference><aliasreference></aliasreference><reference>40 ILCS 5/3-110.10</reference><aliasreference></aliasreference><reference>40 ILCS 5/7-139.11</reference><aliasreference></aliasreference><reference>40 ILCS 5/7-139.14 new</reference><aliasreference></aliasreference><reference>30 ILCS 805/8.32 new</reference><aliasreference></aliasreference><SynopsisText>     Amends the Illinois Pension Code. In the Downstate Police Article, provides that, until January 1, 2009, an active member of the Illinois Municipal Retirement Fund that has less than 8 years of creditable service in a police pension fund under the Article may apply for a transfer of his or her creditable service accumulated in that fund to the Illinois Municipal Retirement Fund. In the Illinois Municipal Retirement Fund Article, provides that, until January 1, 2009, a person who has less than 8 years of creditable service under the IMRF Article who has become an active participant in a police pension fund may apply for a transfer of his or her IMRF creditable service to that police pension fund. Effective immediately.</SynopsisText><synopsistitle>Pension Note (Government Forecasting &amp; Accountability)</synopsistitle>
<SynopsisText>The fiscal impact of HB 5774 cannot be determined as the number of members who will seek credit transfers is unknown. </SynopsisText></synopsis>
<actions>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Filed with the Clerk by Rep. Renée Kosel</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>2/15/2008</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>2/27/2008</statusdate><chamber>House</chamber><action>Assigned to Personnel and Pensions Committee</action>
<statusdate>3/10/2008</statusdate><chamber>House</chamber><action>Pension Note Filed</action>
<statusdate>3/14/2008</statusdate><chamber>House</chamber><action>Rule 19(a) / Re-referred to Rules Committee</action>
<statusdate>1/13/2009</statusdate><chamber>House</chamber><action>Session Sine Die</action>
</actions>
</xml>

