SB0488 - Illinois: Courts, Housing, Judges, Probation, Transport

PEN CD-SLEP-PROBATION OFFICER Amends the IMRF Article of the Illinois Pension Code. Makes county probation officers eligible for the sheriff's law enforcement employee (SLEP) formula. Allows these probation officers to convert non-SLEP service as a probation officer into SLEP credit by paying the difference in employee contributions plus interest; waives the interest if payment is made within one year. Allows a participating municipality to phase in the costs of converting the service with payments over 5 years. Effective immediately. Senate Floor Amendment No. 1 Creates a 5-year window for application for the conversion of service credits and removes language waiving the payment of interest if payment if made within a specified one-year period. Senate Floor Amendment No. 2 Replaces everything after the enacting clause with the introduced bill with the following changes. In the definition of "sheriff's law enforcement employees", adds language [...]

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