Bill Title: Amends the Chicago Police Article of the Illinois Pension Code. Provides that, beginning on January 1, 2012, for certain policemen born on or after January 1, 1955, automatic annual increases in retirement annuity shall be 3% and such policemen shall not be subject to the 30% maximum increase. Also makes a technical change. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [HB4595 Detail]

Text: Latest bill text (Introduced) [HTML]

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