LANG. 40 ILCS 5/8-137 from Ch. 108 1/2, par. 8-137 40 ILCS 5/8-137.1 from Ch. 108 1/2, par. 8-137.1 40 ILCS 5/8-138 from Ch. 108 1/2, par. 8-138 40 ILCS 5/8-244.1 from Ch. 108 1/2, par. 8-244.1 30 ILCS 805/8.21 new Amends the Chicago Municipal Article of the Pension Code to compound the 3% automatic annual increase in retirement pension. Provides a minimum retirement annuity for persons retiring with at least 10 years of service. Authorizes withholding of labor organization dues from annuities, and grants labor organizations access to a mailing list of the Fund's annuitants. Also makes technical changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Increase in accrued liability $205.6 M Increase in total annual cost $ 28.5 M Increase in total annual cost as % of payroll 2.89% 97-01-15 H FILED WITH CLERK 97-01-16 H FIRST READING 97-01-16 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-01-22 H ASSIGNED TO COMMITTEE PERS PENSION 97-02-19 H PENSION NOTE FILED 97-02-19 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