Illinois General Assembly - Bill Status for HB1301
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 Bill Status of HB1301  102nd General Assembly


Short Description:  PEN CD-CHGO POL-3% COMPOUNDED

House Sponsors
Rep. Kevin Joyce

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/5-167.1from Ch. 108 1/2, par. 5-167.1
40 ILCS 5/5-167.2from Ch. 108 1/2, par. 5-167.2
30 ILCS 805/8.33 new


Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity. Also increases it to 3%, reduces the minimum age to 55, and removes the 30% maximum increase limitation for all annuitants. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/11/2009HouseFiled with the Clerk by Rep. Kevin Joyce
  2/18/2009HouseFirst Reading
  2/18/2009HouseReferred to Rules Committee
  2/23/2009HouseAssigned to Executive Committee
  3/13/2009HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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