CAPPARELLI-SAVIANO-BUGIELSKI-BURKE-SANTIAGO, LOPEZ, MCAULIFFE LYONS,JOSEPH. 40 ILCS 5/8-138 from Ch. 108 1/2, par. 8-138 40 ILCS 5/8-150.1 from Ch. 108 1/2, par. 8-150.1 30 ILCS 805/8.21 new Amends the Chicago Municipal Article of the Pension Code to require 15 (rather than 20) years of service to qualify for the minimum retirement and widow annuities. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Increase in unfunded accrued liability $ 76.2 M Increase in employer's normal cost $ 12.8 M Increase in employer's tax levy multiple .16 97-01-08 H FILED WITH CLERK 97-01-08 H ADDED AS A JOINT SPONSOR SAVIANO 97-01-08 H ADDED AS A CO-SPONSOR BUGIELSKI 97-01-08 H ADDED AS A CO-SPONSOR BURKE 97-01-08 H ADDED AS A CO-SPONSOR SANTIAGO 97-01-08 H ADDED AS A CO-SPONSOR LOPEZ 97-01-08 H ADDED AS A CO-SPONSOR MCAULIFFE 97-01-08 H ADDED AS A CO-SPONSOR LYONS,JOSEPH 97-01-08 H FIRST READING 97-01-08 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-01-22 H ASSIGNED TO COMMITTEE PERS PENSION 97-03-18 H PENSION NOTE FILED 97-03-18 H COMMITTEE PERS PENSION 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary