by Tom Radja | Dec 16, 2025 | Pension, Police and Fire Pension
Pension Legislation Passed in 2025: Public Act 104-0284 (House Bill 3193) amended the Illinois Pension Code to allow for a new transfer provision between Article 3 police pension funds and Article 4 firefighters pension funds. The statutory changes allow for a 6-month...
by Tom Radja | Jul 23, 2025 | Pension, Police and Fire Pension
HB1648 – 40 ILCS 5/4-135 Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that an annuitant or disability beneficiary may direct, in writing, that a monthly payment be made to an association or organization with which the annuitant...
by Tom Radja | Jan 10, 2025 | Police and Fire Pension, Police Law, Police Officers
Effective January 1, 2025, Public Act 103-929 was enacted by the Illinois General Assembly. This Act changed the Illinois Municipal Code to make it mandatory that the Chief of Police of a municipal police department must order immediate reinstatement of a police...
by Tom Radja | Sep 29, 2024 | Employment benefits, Pension, Police and Fire Pension
Tier 2 Benefits apply to a police officer or firefighter who first becomes a participant in an Article 3 or Article 4 pension fund on or after January 1, 2011. This article will highlight Tier 2 benefits. Tier II Benefits: Service Retirement Benefits: 55 years...
by Tom Radja | Jun 12, 2024 | Employment benefits, Pension
The Illinois Department of Insurance (“IDOI”) issued The Siren on February 8, 2024 addressing the amount of money Article 3 and 4 pension funds may keep in a retained local account to cover benefit payments and expenses. According to the IDOI, Article 3 and 4 funds...