Pending Illinois Legislation

The 95th General Assembly began on on January 10, 2007. The IMRF Board takes a position (support, oppose, neutral) on bills introduced in the General Assembly.

The Board's position does not directly affect the movement of the bill; the legislation must be passed by theIllinois legislature in order to become law. Read a brief overview of how IMRF legislation is passed.

Contact your legislator to make your opinion known regarding IMRF or other legislation. Visit the Illinois General Assembly website click the link called “Legislator Lookup.” You will be prompted to enter your street address and zip code to be provided with a listing of your legislators’ names and mailing addresses

Bill number / IMRF Position Paper	Bill description / Link to General Assembly	Bill Sponsor	IMRF Board Position
SB 1957 IMRF proposed legislation. SB 1957 passed the Senate 51 to 0. It is now in the House.	Gives the IMRF Annuitant Trustee the right to vote. Increases the number of votes necessary for Board decision or action from four to five.	Senator Clayborne	Support
SB 1958 IMRF proposed legislation. SB 1958 passed the Senate. It is now in the House.	Provides that separation refunds shall include 3.75% interest (50% of the prescribed rate of interest, currently 7.50%)	Senator Clayborne	Support
SB 1959 IMRF proposed legislation. SB 1959 passed the Senate. It is now in the House.	Stabilizes the 13th Payment at 75% of the monthly pension payable in June preceding the 13th Payment. Adds the percentage of members' earnings necessary to provide that year's 13th Payment when calculating an employer's contribution rate.	Senator Clayborne	Support
SB 1960 IMRF proposed legislation. SB 1960 passed the Senate. It is now in the House.	Reduces the vesting requirement for an IMRF pension from 8 to 5 years.	Senator Clayborne	Support
SB 2003	Provides an alternative retirement annuity for "municipal electrical workers"	Senator Haine	Oppose
SB 2078	Provides a window for a police officer who transferred service from the Illinois Municipal Retirement Fund or a member of IMRF who transferred service from a pension fund under the Downstate Police Article of the Code under the provisions of Public Act 94-356 may establish additional credit, but only for the amount of the service credit reduction in that transfer.	Senator Haine	Neutral
SB 2250	Provides that an elected or appointed coroner may elect to participate in the Fund as a sheriff’s law enforcement employee (SLEP). Allows conversion of prior service.	Senator DeLeo	Support
SB 2359	Allows a regional council of government that has an Internal Revenue Service ruling that it is a government entity or instrument of government to participate in IMRF.	Senator Wilhelmi	Support
SB 2540	Shell bill. Adds a Section concerning investment consultants. Contains only a caption.	Senator Raoul	Neutral, as introduced
SB 2627	Creates the Pension Funding and Investments Act.	Senator Bomke	Neutral
HB 562	Encourages pension funds to promote the economy of Illinois through the use of economic opportunity investments while managing their assets to the greatest extent feasible within the bounds of financial and fiduciary prudence.	Representative Bradley, Representative Granberg	Oppose
HB 4227	Allows an annuitant to accept employment as a school bus driver without losing ERI benefits or suspending pension payments.	Representative Eddy	Oppose
HB 4261	Increases the death benefit to $5,000.	Representative Poe	Support
HB 4488	Makes park police eligible for the sheriff’s law enforcement employee program formula (SLEP).	Representative Sacia	Support
HB 4569	Allows an annuitant to re-enter service for a total of 2 years to fill positions vacated because persons are serving on active duty in the military, naval, or air forces of the State or federal government without impairing his or her pension benefits.	Representative Brady	Oppose
HB 4603	Allows a member seeking transfer of service to IMRF under the Downstate Police Article to pay (based on a formula) and obtain no reduction on the amount of service established.	Representative Beiser	Neutral
HB 4609	Allows a police dispatcher to transfer service from IMRF to downstate police pension fund	Representative Sacia	Neutral
HB 4682	Exempts, from the definition of "aggregate extension," contributions to IMRF	Representative Moffitt	Support
HB 4884	Allows a regional council of government to participate in IMRF, with IRS ruling.	Representative Molaro	Support
HB 4885	Allows the Will County Governmental League, the West Central Municipal Conference, and the West Cook County Solid Waste Agency to participate in IMRF.	Representative Molaro	Oppose
HB 4886	Allows a regional council of government to participate in IMRF.	Representative Molaro	Oppose
HB 5144	Shell bill. Makes a technical change in a Section concerning the purpose of the Illinois Municipal Retirement Fund.	Representative Flider	Neutral, as introduced
HB 5197	Opens another transfer window between IMRF and police pension funds. The transfer is for up to 8 years of service and the window is until January 1, 2009.	Representative Beiser	Oppose, as introduced
HB 5244	Shell bill. Makes technical changes in a Section concerning credits and creditable service.	Representative Rose	Neutral, as introduced
HB 5774	Opens another transfer window between IMRF and police pension funds. Similar to transfer under P.A. 95-530. Includes exception to usual pension recalculation rules for SLEP members who have returned to work and make this transfer.	Representative Kosel	Oppose