HB1736 amends the Illinois Pension Code to include the Joliet Regional Port District as a participating instrumentality in the Illinois Municipal.
HB1736 amends the Illinois Pension Code by adding the Joliet Regional Port District to the list of entities permitted to participate in the Illinois Municipal Retirement Fund (IMRF) as a participating instrumentality. This change allows the Joliet Regional Port District to offer retirement benefits to its employees through the IMRF. The bill specifies that the effective date of this amendment is upon the bill becoming law.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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