Illinois HB4015 amends pension rules for police officers, including changes to service credit, pension fund contributions, and eligibility for.
HB4015 modifies the Illinois Pension Code to adjust pension rules for police officers. It allows eligible officers to receive pensions from multiple funds if they have at least one year of service credit in each. The bill also changes contribution rates for police officers and modifies the eligibility criteria for disability pensions. Additionally, it outlines procedures for dissolving and reestablishing inactive pension funds and mandates that police officers who have made contributions under certain subsections be deemed to have met specific service requirements.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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