PEN CD-FELONY

Amends various Articles of the Illinois Pension Code. Provides that the refund due to a person who must forfeit his or her pension because of a felony conviction shall be equal to his or her contributions (including amounts paid by the person to establish additional or optional credit), without interest, less the amount of any benefits paid to the person (including benefits paid to an alternate payee under a QILDRO). Provides that the refund shall not include employer contributions or any interest on contributions. Amends the Cook County Forest Preserve Article to explicitly add similar felony forfeiture provisions to that Article. Provides that the changes made by this amendatory Act of the 94th General Assembly are declarative of existing law and do not constitute an impairment of benefits under Article XIII, Section 5 of the Illinois Constitution. Effective immediately.