90th General Assembly
Status of HB2603
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CAPPARELLI-MCAULIFFE-BURKE-ACEVEDO-BUGIELSKI AND SAVIANO.

   40 ILCS 5/5-154           from Ch. 108 1/2, par. 5-154                      

        Amends the Chicago Police Article of the Pension Code to increase      
   the duty disability benefit to 75% of the current salary attached from      
   time to time to the rank held by the policeman at the time of  removal      
   from  the police department payroll.  Amends the State Mandates Act to      
   require implementation without reimbursement.  Effective immediately.       
          PENSION NOTE                                                         
          Estimated increase in accrued liability is $24.8 M; increase in      
          normal cost is $720,000, and payment over 40 years is $1.2 M.        
          Estimated first year cost is $1.9 M, 0.29% of payroll. Annual        
          cost will increase commensurate with payroll.                        
   98-01-27  H  FILED WITH CLERK                                               
   98-01-27  H  ADDED AS A JOINT SPONSOR                 MCAULIFFE             
   98-01-27  H  ADDED AS A CO-SPONSOR                    BURKE                 
   98-01-27  H  ADDED AS A CO-SPONSOR                    ACEVEDO               
   98-01-27  H  ADDED AS A CO-SPONSOR                    BUGIELSKI             
   98-01-27  H  ADDED AS A CO-SPONSOR                    SAVIANO               
   98-01-27  H  FIRST READING                                                  
   98-01-27  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-03-03  H                        PENSION NOTE FILED                       
   98-03-03  H                   COMMITTEE               RULES                 
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary