91st General Assembly
Status of SB0063
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 Full Text  Bill Summary

   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.      
   Effective immediately.                                                      
          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                                               


 Full Text  Bill Summary