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Full Text of HB2704
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HB2704 - 104th General Assembly
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104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB2704
Introduced 2/6/2025, by Rep. Michael J. Kelly
SYNOPSIS AS INTRODUCED:
40 ILCS 5/5-240 new
40 ILCS 5/6-235 new
30 ILCS 805/8.49 new
Amends the Chicago Police and Chicago Firefighter Articles of the
Illinois Pension Code. Provides that the Retirement Systems Reciprocal Act
(Article 20 of the Code) is adopted and made a part of the Chicago Police
and Chicago Firefighter Articles, but only with respect to a person who, on
or after the effective date of the amendatory Act, is entitled under the
Chicago Police or Chicago Firefighter Article to begin receiving a
retirement annuity or survivor's annuity and who elects to proceed under
the Retirement Systems Reciprocal Act. Amends the State Mandates Act to
require implementation without reimbursement by the State.
LRB104 10843 RPS 20924 b
STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT
MAY APPLY
A BILL FOR
HB2704
LRB104 10843 RPS 20924 b
1
AN ACT concerning public employee benefits.
2
Be it enacted by the People of the State of Illinois,
3
represented in the General Assembly:
4
Section 5.
The Illinois Pension Code is amended by adding
5
Sections 5-240 and 6-235 as follows:
6
(40 ILCS 5/5-240 new)
7
Sec. 5-240.
Retirement Systems Reciprocal Act.
The
8
Retirement Systems Reciprocal Act, Article 20 of this Code, is
9
adopted and made a part of this Article, but only with respect
10
to a person who, on or after the effective date of this
11
amendatory Act of the 104th General Assembly, is entitled
12
under this Article to begin receiving a retirement annuity or
13
survivor's annuity (as those terms are defined in Article 20)
14
and who elects to proceed under the Retirement Systems
15
Reciprocal Act.
16
(40 ILCS 5/6-235 new)
17
Sec. 6-235.
Retirement Systems Reciprocal Act.
The
18
Retirement Systems Reciprocal Act, Article 20 of this Code, is
19
adopted and made a part of this Article, but only with respect
20
to a person who, on or after the effective date of this
21
amendatory Act of the 104th General Assembly, is entitled
22
under this Article to begin receiving a retirement annuity or
HB2704
- 2 -
LRB104 10843 RPS 20924 b
1
survivor's annuity (as those terms are defined in Article 20)
2
and who elects to proceed under the Retirement Systems
3
Reciprocal Act.
4
Section 90.
The State Mandates Act is amended by adding
5
Section 8.49 as follows:
6
(30 ILCS 805/8.49 new)
7
Sec. 8.49.
Exempt mandate.
Notwithstanding Sections 6 and
8
8 of this Act, no reimbursement by the State is required for
9
the implementation of any mandate created by this amendatory
10
Act of the 104th General Assembly.
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