Bill Status of HB2619  93rd General Assembly

Short Description:  PEN CD-ART 4-DISABILITY AT 55

House Sponsors
Rep. Michael K. Smith

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/4-109.1from Ch. 108 1/2, par. 4-109.1
30 ILCS 805/8.27 new


Synopsis As Introduced
Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that a firefighter who is receiving a disability pension shall receive the initial automatic annual increase in the January following attainment of age 55 (now age 60). Compounds subsequent increases. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Pension Laws Commission)
 Based on 1996 membership data for all Downstate Firefighters' pension funds provided by the Department of Insurance, the Commission's actuary estimated that the acceleration of the automatic increase in duty disability pensions contained in HB 2619 would increase the accrued liability of the funds by $9.3 million. The estimated increase in total annual costs is $1.4 million, or 0.35% of payroll. The annual cost will vary by employer and increase commensurate with payroll.

Actions 
DateChamber Action
  2/21/2003HouseFiled with the Clerk by Rep. Michael K. Smith
  2/21/2003HouseFirst Reading
  2/21/2003HouseReferred to Rules Committee
  2/26/2003HouseAssigned to Executive Committee
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  3/24/2003HousePension Note Filed
  1/11/2005HouseSession Sine Die