HB2484 amends Illinois Pension Code to modify retirement plan options for police officers and chiefs of police.
HB2484 amends the Illinois Pension Code to modify retirement plan options for police officers and chiefs of police. It removes the restriction that prevents a person from electing to participate in the Illinois Municipal Retirement Fund (IMRF) for their employment as a chief of police of a participating municipality, unless they became a participating employee in IMRF before January 1, 2019.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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