ILA Votes to Oppose Amendment to HB 3898March 14, 2014
Rep. Deborah Conroy (D-46, Villa Park) filed yesterday an amendment toHouse Bill (HB) 3898, which would amend the Illinois Municipal Retirement Fund (IMRF) Article of the Illinois Pension Code effectively eliminating the supplemental benefit payment (the "13th check").
At this early stage, it is uncertain if this legislative proposal will proceed. For some background information on the issue as it has appeared in the newspaper, please check out the following two newspaper articles below.
Retiree Bonuses Cost Taxpayers Millions
13th Payment from IMRF Not A 'Bonus'