40 ILCS 5/5-132 from Ch. 108 1/2, par. 5-132
30 ILCS 805/8.23 new
Amends the Chicago Police Article of the Pension Code. Allows
retirement at any age with 25 years of service. Amends the State
Mandates Act to require implementation without reimbursement.
PENSION NOTE (Pension Laws Commission)
Estimated annual cost is $2.4 million (0.38% of payroll).
PENSION NOTE, REVISED (Pension Laws Commission)
Estimated reduction in annual cost in the first year is $0.8
million (0.12% of payroll).
99-01-27 S FIRST READING
99-01-27 S REFERRED TO SENATE RULES COMMITTEE RULES
99-01-27 S ASSIGNED TO COMMITTEE INS & PENS.
99-02-24 S TO SUBCOMMITTEE
99-03-08 S PENSION NOTE FILED
99-03-08 S COMMITTEE INS & PENS.
99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES
99-09-08 S PENSION NOTE FILED REVISED
99-09-08 S COMMITTEE RULES
01-01-09 S SESSION SINE DIE
END OF INQUIRY
Full Text Bill Summary