90th General Assembly
Summary of HB2836
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House Sponsors:
CAPPARELLI.

Short description: 
PEN CD-CHGO FIRE-ANNUAL INCR                                               

Synopsis of Bill as introduced:
        Amends the Chicago Firefighter Article of the Pension Code.   For      
   certain  firemen with at least 30 years of service credit who withdraw      
   from service on or after the effective date of  this  amendatory  Act,      
   accelerates  the  automatic  annual  increase, increases it to 3%, and      
   removes the 30% maximum.  Amends the State  Mandates  Act  to  require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE                                                         
          Estimated increase in total annual cost is $2.0 million, 0.87%       
          of payroll; annual cost will increase as payroll grows.              
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status