90th General Assembly
Status of HB2599
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BUGIELSKI-CAPPARELLI-BURKE-LOPEZ-MCAULIFFE AND SANTIAGO.

   40 ILCS 5/5-136.2 new                                                       
   30 ILCS 805/8.22 new                                                        

        Amends the Chicago Police Article of the Illinois  Pension  Code.      
   Provides   a   compounded  3%  annual  increase  in  surviving  spouse      
   annuities. Amends the State Mandates  Act  to  require  implementation      
   without reimbursement.  Effective immediately.                              
          PENSION NOTE                                                         
          Estimated increase in accrued liabilities for a non-compounded       
          annual increase is $68.5 M. First year cost is $3.3 M, 0.5% of       
          payroll.                                                             
   98-01-27  H  FILED WITH CLERK                                               
   98-01-27  H  ADDED AS A JOINT SPONSOR                 CAPPARELLI            
   98-01-27  H  ADDED AS A CO-SPONSOR                    BURKE                 
   98-01-27  H  ADDED AS A CO-SPONSOR                    LOPEZ                 
   98-01-27  H  ADDED AS A CO-SPONSOR                    MCAULIFFE             
   98-01-27  H  ADDED AS A CO-SPONSOR                    SANTIAGO              
   98-01-27  H  FIRST READING                                                  
   98-01-27  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-03-03  H                        PENSION NOTE FILED                       
   98-03-03  H                   COMMITTEE               RULES                 
   98-03-11  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   98-03-20  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