Illinois Senate Bill 3612 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 13 2021 - 100% progression
Action: 2021-01-13 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Amends the Chicago Police and Chicago Firefighter Articles of the Illinois Pension Code. Removes a birthdate restriction on eligibility at age 55 for a 3% automatic annual increase in retirement annuity that is not subject to a maximum increase of 30%. Provides that for Tier 2 policemen and firemen, "final average salary" is the average monthly salary: (i) obtained by dividing the total salary during the 96 consecutive months of service within the last 120 months of service in which the total salary was the highest; or (ii) obtained by dividing the total salary during the 48 consecutive months of service within the last 120 months of service in which the total salary was the highest. Provides that the Tier 2 limit on salary shall annually be increased by the lesser of 3% or the annual (instead of one-half of the annual) unadjusted percentage increase in the consumer price index-u. Provides that the surviving spouse's annuity for certain Tier 2 policemen and firemen shall be 54% of the monthly salary at the time of death. Provides that if the deceased policeman or fireman was a parent of a child and there is a surviving spouse, 12% of the monthly salary at the date of death or 12% of the earned pension shall be granted to the guardian of the minor child. Provides that upon the death of the surviving spouse leaving one or more children under the age of 18, or upon the death of a policeman or fireman leaving one or more children under the age of 18 but no surviving spouse, a monthly pension of 20% of the monthly salary at the date of death or 20% of the earned pension shall be granted to the guardian of each such child. Makes other changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

PEN CD-CHI POLICE&FIRE-VARIOUS

Sen. William Cunningham [D]

Date	Chamber	Action
2021-01-13	Senate	Session Sine Die
2020-02-14	Senate	Referred to Assignments
2020-02-14	Senate	First Reading
2020-02-14	Senate	Filed with Secretary by Sen. Bill Cunningham

Chapter	Article	Section	Citation Type	Statute Text
30	805	8.44	New Code	See Bill Text
40	5	5-167.1	Amended Code	Citation Text
40	5	5-238	Amended Code	Citation Text
40	5	6-164	Amended Code	Citation Text
40	5	6-229	Amended Code	Citation Text

Type	Source
Summary	https://www.ilga.gov/legislation/BillStatus.asp?DocNum=3612&GAID=15&DocTypeID=SB&SessionID=108&GA=101
Text	https://www.ilga.gov/legislation/101/SB/10100SB3612.htm