90th General Assembly
Status of HB0069
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary

   40 ILCS 5/11-134          from Ch. 108 1/2, par. 11-134                     
   40 ILCS 5/11-145.1        from Ch. 108 1/2, par. 11-145.1                   
   40 ILCS 5/11-154          from Ch. 108 1/2, par. 11-154                     
   30 ILCS 805/8.21 new                                                        

        Amends  the  Chicago  Laborer  Article  of  the   Pension   Code.      
   Increases  the minimum retirement annuity.  Provides for retirement at      
   age 50 with 30 years of service.   Eliminates  the  age  discount  for      
   employees  who  retire  at age 55 with 25 years of service.  Increases      
   the minimum widow's annuity and allows  certain  widows  to  elect  to      
   receive 50% of the deceased employee's retirement annuity instead of a      
   widow's  annuity.   Increases  the  child's  annuity  and  removes the      
   combined family maximum for certain  persons  currently  eligible  for      
   child's   annuities.    Amends  the  State  Mandates  Act  to  require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE                                                         
           Increase in unfunded accrued liability                $ 65.7 M      
           Increase in employer's normal cost                    $  6.5 M      
           Increase in employer's tax levy multiple                   .58      
   97-01-08  H  FILED WITH CLERK                                               
   97-01-08  H  ADDED AS A JOINT SPONSOR                 BUGIELSKI             
   97-01-08  H  ADDED AS A CO-SPONSOR                    SAVIANO               
   97-01-08  H  ADDED AS A CO-SPONSOR                    SANTIAGO              
   97-01-08  H  ADDED AS A CO-SPONSOR                    LYONS,J               
   97-01-08  H  ADDED AS A CO-SPONSOR                    LOPEZ                 
   97-01-08  H  ADDED AS A CO-SPONSOR                    MCAULIFFE             
   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                                               


 Full Text  Bill Summary