Illinois Municipal Retirement Fund Employer Digest
May 15, 2014
In This Issue
Circuit Court stays PA 98-0599, including IMRF-related provisions
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The IMRF-related provisions were announced by IMRF in General Memo 645 on December 16, 2013. 
In summary, the law stops future members from applying lump-sum payments for sick leave or vacation time toward pensionable salary, and from converting unused, unpaid sick leave to service credit. The legislation also stops future employees of certain instrumentalities from participating in IMRF. These IMRF-related provisions were all included in the judge's stay order.
IMRF will keep you updated of any future legal action impacting PA 98-0599 and its IMRF-related provisions.
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