100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
HB5289
 
Introduced , by Rep. Robert Martwick
 
SYNOPSIS AS INTRODUCED:



40 ILCS 5/6-164.3 new
30 ILCS 805/8.42 new
 Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides for noncompounded 3% automatic annual increases in all widow's annuities (other than term annuities) upon the widow's attainment of age 60 or the tenth anniversary of the fireman's death, whichever occurs later. Provides that the increases apply without regard to whether the deceased fireman is in service on or after the effective date of the amendatory Act. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.



LRB100 19099 RPS 34356 b


FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY
STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT
 
 
A BILL FOR
 


HB5289LRB100 19099 RPS 34356 b



1 AN ACT concerning public employee benefits.


2 Be it enacted by the People of the State of Illinois,

3represented in the General Assembly:



4 Section 5. The Illinois Pension Code is amended by adding 
5Section 6-164.3 as follows:

6 (40 ILCS 5/6-164.3 new)

7 Sec. 6-164.3. Automatic annual increase in widow's 
8annuity.
9 (a) Every widow's annuity, other than a term annuity, shall 
10be increased
on January 1, 2019 or the January 1 occurring on 
11or immediately after the tenth
anniversary of the deceased 
12fireman's death or the widow's attainment of age 60, whichever 
13occurs later, and on each subsequent January 1, by an
amount 
14equal to 3% of the original amount of the widow's annuity.
15 (b) Limitations on the maximum amount of widow's annuity 
16imposed under
this Article do not apply to the annual increases 
17provided under this Section.

18 (c) The increases provided under this Section do apply to 
19minimum widow's annuities. The
increases provided under this 
20Section do not apply to term annuities. The increases provided 
21under this Section do apply without regard to whether the 
22deceased fireman is in service on or after the effective date 
23of this amendatory Act of the 100th General Assembly.

 
 
HB5289- 2 -LRB100 19099 RPS 34356 b


1 Section 90. The State Mandates Act is amended by adding 
2Section 8.42 as follows:

3 (30 ILCS 805/8.42 new)
4 Sec. 8.42. Exempt mandate. Notwithstanding Sections 6 and 8 
5of this Act, no reimbursement by the State is required for the 
6implementation of any mandate created by this amendatory Act of 
7the 100th General Assembly.


8 Section 99. Effective date. This Act takes effect upon 
9becoming law.