IL SB1631 | 2023-2024 | 103rd General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 8 2023 - 25% progression
Action: 2023-02-15 - Added as Chief Co-Sponsor Sen. Mike Porfirio
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 8 2023 - 25% progression
Action: 2023-02-15 - Added as Chief Co-Sponsor Sen. Mike Porfirio
Pending: Senate Assignments Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amends the Chicago Police Article 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%. Makes a related change. Specifies the timing of an initial increase in retirement annuity for persons who have not received the initial increase before January 1, 2023. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Title
PEN CD-CHI POL-ANNUAL INCREASE
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-15 | Senate | Added as Chief Co-Sponsor Sen. Mike Porfirio |
| 2023-02-15 | Senate | Added as Chief Co-Sponsor Sen. Bill Cunningham |
| 2023-02-08 | Senate | Referred to Assignments |
| 2023-02-08 | Senate | First Reading |
| 2023-02-08 | Senate | Filed with Secretary by Sen. Robert F. Martwick |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 30 | 805 | 8.47 | New Code | See Bill Text |
| 40 | 5 | 5-167.1 | Amended Code | Citation Text |
Illinois State Sources
| Type | Source |
|---|---|
| Summary | https://www.ilga.gov/legislation/BillStatus.asp?DocNum=1631&GAID=17&DocTypeID=SB&SessionID=112&GA=103 |
| Text | https://www.ilga.gov/legislation/103/SB/10300SB1631.htm |
