IL HB5395 | 2009-2010 | 96th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 4 2010 - 25% progression, died in committee
Action: 2010-02-05 - Referred to Rules Committee
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Chicago Police Article of the Illinois Pension Code. Increases the minimum monthly annuity payment to $1,500 beginning January 1, 2011 for any policeman who retired from the service before January 1, 2011, at age 50 or over with 20 or more years of service, and for any policeman who retired from service due to termination of disability and who is entitled to an annuity on January 1, 2011. Increases the minimum amount of a widow's annuity to $1,200 per month beginning January 1, 2011, $1,250 per month beginning January 1, 2012, $1,300 per month beginning January 1, 2013, $1,350 per month beginning January 1, 2014, and $1,400 per month beginning January 1, 2015. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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Title

PEN CD-CHIC POLICE-ANNUITY INC

Sponsors


History

DateChamberAction
2010-02-05 Referred to Rules Committee
2010-02-05 First Reading
2010-02-04 Filed with the Clerk by Rep. Michael P. McAuliffe

Illinois State Sources


Bill Comments

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