RADOGNO-DELEO. 40 ILCS 5/5-136.2 new 30 ILCS 805/8.22 new Amends the Chicago Police Article of the Illinois Pension Code. Provides a compounded 3% annual increase in surviving spouse annuities. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Estimated increase in accrued liability for non-compounded annual increases is $68.5 M, with first year costs at $3.3 M (0.5% of payroll). Compounded annual increases would cost considerably more. 98-02-20 S FIRST READING 98-02-20 S REFERRED TO SENATE RULES COMMITTEE RULES 98-03-13 S PENSION NOTE FILED 98-03-13 S COMMITTEE RULES 98-10-21 S ADDED AS A CHIEF CO-SPONSOR DELEO 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary