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Pending IMRF Legislation: Senate Bills

View pending House Bills.

As legislation is introduced, the IMRF Board will take a position on the bill. The Board's position does not directly affect the movement of the bill; the legislation must be passed by the Illinois legislature to become law.

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.”

Bill positions marked with * indicate that this position has been recommended by the Legislative Committee of the IMRF Board of Trustees, but has not been approved by the full Board. It will be presented at the next scheduled Board meeting.

Bill number/
Link to Bill Status

Bill description

 Bill
Sponsor		 IMRF
Board Position

SB 1831 (as amended—
amendments 1 and 3)

Signed into law on 08/26/11 as Public Act 97-0609

This bill includes the language of HB 1471, HB1956, and HB 3253, all of which have passed both chambers and await being sent to the governor for signature.

Makes several changes to the definition of final rate of earnings and return to work rules.

Also expands the period applicable for the 125% rule, changes the manner in which employer costs are charged and allocated, and requires pension impact statements for certain salary changes.

Suspends the pension of a retired member who returns to work as an independent contractor with the same entity from which he or she retired.

 Sen. Raoul N/A

SB 2149

Signed into law on 08/16/2011 as Public Act 97-0429

In the provisions applicable to IMRF, this bill would add school Financial Oversight Panels (“FOP”) to the definition of “municipality” in the IMRF Article of the Pension Code and would add certain of their employees to the definition of “employee” for IMRF participation purposes. If the FOP is dissolved, the pension assets and liabilities would revert to the school districts served by the FOP. Sen. Sullivan  
SB 2183 Increases the population for mandatory creation of a downstate police and fire fund, as well as participation in IMRF, from 5,000 to 7,500. Sen. Dale Risinger Neutral
SB 1679 Transfers the investment authority for the downstate police and fire funds from the individual funds to IMRF. It would also add two additional member trustees (one from each of these two groups) to the IMRF Board of Trustees Sen. Jeffrey Schoenberg Oppose
SB 1613 Mandates indemnification of Board trustees by the non-state-funded systems (indemnification would be permitted for state-funded systems). Sen. Iris Martinez Support

 

 

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IMRF Online provides a brief summary of IMRF benefits and the adminstration of those benefits. IMRF members' and employers' rights and obligations are governed by Article 7 of the Illinois Pension Code. Statements in these publications are general, and the Illinois state law governing IMRF is complex and specific. If a conflict arises between information in these publications and the law, all decisions are based on the law.

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Page Last Updated by JC on 08.29.2011