PEN CD-ARTS 4 & 6-TRANSFER

Amends the Downstate Firefighter and Chicago Firefighter Articles of the Illinois Pension Code. Provides that until 6 months after the effective date of the amendatory Act, creditable service may be transferred from municipal firefighters' pension funds to the Firemen's Annuity and Benefit Fund of Chicago. Removes a provision restricting the amount of creditable service that may be transferred. Authorizes, until 6 months after the effective date of the amendatory Act, the transfer of creditable service from the Firemen's Annuity and Benefit Fund of Chicago to municipal firefighters' pension funds. Amends the State Mandates Act to provide for implementation without reimbursement. Effective immediately. House Committee Amendment No. 1 Deletes reference to: 40 ILCS 5/4-108.6 40 ILCS 5/6-227 Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Removes provisions authorizing a firefighter to transfer creditable service from a municipal firefighters' pension fund to the Firemen's Annuity and Benefit Fund of Chicago.