Bill Status of SB 3436   96th General Assembly


Short Description:  PEN CD-CHIC POLICE-ANNUITY INC

Senate Sponsors
Sen. James A. DeLeo

Last Action  View All Actions

DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/5-167.2from Ch. 108 1/2, par. 5-167.2
40 ILCS 5/5-167.4from Ch. 108 1/2, par. 5-167.4
30 ILCS 805/8.34 new

Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Increases the minimum monthly annuity payment to $1,500 beginning January 1, 2011 for any policeman who retired from the service before January 1, 2011, at age 50 or over with 20 or more years of service, and for any policeman who retired from service due to termination of disability and who is entitled to an annuity on January 1, 2011. Increases the minimum amount of a widow's annuity to $1,200 per month beginning January 1, 2011, $1,250 per month beginning January 1, 2012, $1,300 per month beginning January 1, 2013, $1,350 per month beginning January 1, 2014, and $1,400 per month beginning January 1, 2015. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/10/2010SenateFiled with Secretary by Sen. James A. DeLeo
  2/10/2010SenateFirst Reading
  2/10/2010SenateReferred to Assignments
  2/24/2010SenateAssigned to Pensions and Investments
  3/4/2010SenateTo Pensions & Investments Subcommittee on Pension Benefit Enhancements
  3/8/2010SenateRule 3-9(a) / Re-referred to Assignments
  1/12/2011SenateSession Sine Die

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