Illinois Senate Bill 2142 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 30 2015 - 25% progression, died in committee
Action: 2015-05-30 - Referred to Assignments
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Police and Chicago Firefighter Articles of the Illinois Pension Code. Provides that any policeman or fireman born after December 31, 1954 but before January 1, 1970 shall be entitled to receive a 3% automatic annual increase to the originally granted annuity. Provides that the automatic annual increase is not subject to the 30% maximum increase. Provides that the initial increase shall be in an amount equal to 3% for each year following the date of retirement or attainment of age 55, whichever occurs later. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PENCD-CHI POLICE&FIRE-INCREASE

Sen. John Cullerton [D]

Date	Chamber	Action
2015-05-30	Senate	Referred to Assignments
2015-05-30	Senate	First Reading
2015-05-30	Senate	Filed with Secretary by Sen. John J. Cullerton

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.39	New Code	See Bill Text
40	5	5-167.1	Amended Code	Citation Text
40	5	6-164	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=2142&GAID=13&DocTypeID=SB&SessionID=88&GA=99
Text	https://www.ilga.gov/legislation/99/SB/09900SB2142.htm