New Laws
- Public Act 102-0943 (House Bill 4646): This law provides that each municipality or instrumentality that employs an employee who is an elected trustee should give the elected trustee at least 20 days of paid leave of absence per year to fulfill the trustee duties for their position.
- Public Act 102-1061 (House Bill 4209): This law allows active members of the IMRF SLEP fund to transfer up to 10 years of Article 3 police service to their IMRF pension fund in the next 6 months, starting July 1, 2022. It also opens a six-month window to allow active members of an Article 3 police pension fund to transfer IMRF service credit earned in a law enforcement capacity to that Article 3 fund, starting January 1, 2023.
- Public Act 102-0849 (Senate Bill 3651): This law creates an exemption for accelerated payments that arise due to workers’ compensation payments.
- Public Act 02-0850 (Senate Bill 3652): This law aligns the suggested employer resolution to adopt an Early Retirement Incentive with the statutory language regarding limitations on ERI retirees returning to work for an IMRF employer.
- Public Act 102-0856 (Senate Bill 3778): This law adds two additional positions to those allowed to transfer service credit from IMRF to SERS. Effective date is January 1, 2023.
- Public Act 102-0857 (Senate Bill 3785): This law opens a six-month window allowing active members in an Article 3 fund to transfer certain IMRF public safety service to that Article 3 fund (effective May 13, 2022).