CAPPARELLI-BUGIELSKI-BURKE-SANTIAGO-LOPEZ AND LYONS,JOSEPH. 40 ILCS 5/6-164 from Ch. 108 1/2, par. 6-164 30 ILCS 805/8.21 new Amends the Chicago Firefighter Article of the Pension Code to extend the 3% annual increase to all persons who retire after December 31, 1997, beginning at age 55. Compounds the annual increase for all retirement annuitants beginning at age 60. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Increase in accrued liability $25.2 M Increase in total annual cost $ 4.0 M Increase in total annual cost as % of payroll 1.76% 97-01-22 H FIRST READING 97-01-22 H ADDED AS A JOINT SPONSOR BUGIELSKI 97-01-22 H ADDED AS A CO-SPONSOR BURKE 97-01-22 H ADDED AS A CO-SPONSOR SANTIAGO 97-01-22 H ADDED AS A CO-SPONSOR LOPEZ 97-01-22 H ADDED AS A CO-SPONSOR LYONS,JOSEPH 97-01-22 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-01-29 H ASSIGNED TO COMMITTEE PERS PENSION 97-03-03 H PENSION NOTE FILED 97-03-03 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