Illinois General Assembly - Bill Status for SB2059
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 Bill Status of SB2059  97th General Assembly

Short Description:  PEN CD-CHIC POLICE-COLA

Senate Sponsors
Sen. Kwame Raoul

Last Action
DateChamber Action
  1/8/2013SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/5-167.1from Ch. 108 1/2, par. 5-167.1
40 ILCS 5/5-169.1 new
30 ILCS 805/8.35 new

Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Provides that, for policemen born on or after January 1, 1955, beginning on January 1, 2012, automatic annual increases shall be 3% and such policemen shall not be subject to the 30% maximum increase. Increases employee contributions by 1% in exchange for that benefit enhancement. Makes changes concerning annual increases to the monthly annuities of persons who first become a policeman on or after the effective date of the amendatory Act and deletes repetitive language concerning annual increases in survivor's annuities for new hires. Amends the State Mandates Act to require implementation without reimbursement.

DateChamber Action
  2/10/2011SenateFiled with Secretary by Sen. Kwame Raoul
  2/10/2011SenateFirst Reading
  2/10/2011SenateReferred to Assignments
  3/2/2011SenateAssigned to Pensions and Investments
  3/10/2011SenatePostponed - Pensions and Investments
  3/17/2011SenatePostponed - Pensions and Investments
  3/18/2011SenateRule 3-9(a) / Re-referred to Assignments
  1/8/2013SenateSession Sine Die

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