Re: Will pensions be a thing of the past for county board members? Archived Message
Posted by Shaggle Rock  on September 4, 2016, 2:10 pm, in reply to "Will pensions be a thing of the past for county board members? "
Replaces everything after the enacting clause. Amends the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code. Provides that a person who holds elective office as a member of a governing body of a participating municipality shall not be considered a participating employee, unless (1) the person has elected to become a participating employee; (2) the governing body has filed a resolution certifying that a person in that position is expected to work more than 600 hours (or 1,000 hours if the participating municipality has adopted a specified resolution); and (3) the person has submitted logs evidencing that he or she has met the hourly standard. Requires the resolution to be adopted and filed with the Fund no more than 90 days after the general election in which any member of the governing body was elected. Requires participating governing body members to file the log with the authorized agent of the participating municipality.
Bill Status of SB2701
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