Update
The Illinois Supreme Court ruled unanimously on May 8, 2015 that Public Act 98-0599, was unconstitutional. The original text of Special Memo 330 is maintained here for historical purposes.
To: Authorized Agents of the Illinois Municipal League; Illinois Association of Park Districts; Township Officials of Illinois; United Counties Council of Illinois
Re: Public Act 98-0599, Pension Reform Legislation
December 16, 2013
Executive Summary
On December 5, 2013, the governor signed Senate Bill 1 into law as Public Act 98-0599. The law is effective June 1, 2014.
One provision affects your future employees. The legislation prohibits participation by any employee hired by your instrumentality on or after June 1, 2014.
On December 5, 2013, the governor signed Senate Bill 1 into law as Public Act 98-0599. The law is effective June 1, 2014.
One provision affects your future employees. Employees who begin employment on or after June 1, 2014, with the following employers will no longer be eligible for participation in IMRF:
- Illinois Municipal League
- Illinois Association of Park Districts
- Township Officials of Illinois
- United Counties Council of Illinois
Impact of legal challenge
We expect this legislation to be challenged in court and the court to issue a Stay Order. The Stay Order will suspend implementation of the legislation’s provisions.
At this time, we do not know if the IMRF-related provisions will be stayed or if they will go into effect on June 1, 2014.
We will continue to monitor any legal challenge to this legislation and its impact on the IMRF-related provisions.
Questions?
If you have any questions, please contact an IMRF Member Services Representative at 1-800-ASK-IMRF (1-800-275-4673) Monday through Friday, 7:30 a.m. to 5:30 p.m.
Questions?
If you have any questions, please call an IMRF Representative at our Employer Only Phone at 1-800-728-7971, 8:00 A.M. to 4:30 P.M. Monday through Friday.