New Laws
- Public Act 102-0113 (House Bill 126): This law allows active members of an Article 3 police pension fund to transfer service earned in IMRF as a police officer, including SLEP service, to an Article 3 fund. It allows those members to reinstate a refund in order to transfer the service.
- Public Act 102-0097 (Senate Bill 460): This law creates an exemption to the competitive bid process for contracts for emerging managers through a Manager of Managers program. Also specifically allows for graduation of managers from the program for direct investment as long as they have been in the program for at least 24 months and have received the recommendation for graduation by the Manager of Manager program investment adviser.