IL SB2059 | 2011-2012 | 97th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on January 8 2013 - 100% progression
Action: 2013-01-08 - Session Sine Die
Text: Latest bill text (Introduced) [HTML]

Summary

Amends the Chicago Police Article of the Illinois Pension Code. Provides that, for policemen born on or after January 1, 1955, beginning on January 1, 2012, automatic annual increases shall be 3% and such policemen shall not be subject to the 30% maximum increase. Increases employee contributions by 1% in exchange for that benefit enhancement. Makes changes concerning annual increases to the monthly annuities of persons who first become a policeman on or after the effective date of the amendatory Act and deletes repetitive language concerning annual increases in survivor's annuities for new hires. Amends the State Mandates Act to require implementation without reimbursement.

Tracking Information

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Title

PEN CD-CHIC POLICE-COLA

Sponsors


History

DateChamberAction
2013-01-08SenateSession Sine Die
2011-03-18SenateRule 3-9(a) / Re-referred to Assignments
2011-03-17SenatePostponed - Pensions and Investments
2011-03-10SenatePostponed - Pensions and Investments
2011-03-02SenateAssigned to Pensions and Investments
2011-02-10SenateReferred to Assignments
2011-02-10SenateFirst Reading
2011-02-10SenateFiled with Secretary by Sen. Kwame Raoul

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.35New CodeSee Bill Text
4055-167.1Amended CodeCitation Text
4055-169.1New CodeSee Bill Text

Illinois State Sources


Bill Comments

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