90th General Assembly Status of HB2760    [ Home ]   [ Back ]   [ Legislation ]

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SMITH,MICHAEL.

   40 ILCS 5/3-112           from Ch. 108 1/2, par. 3-112                      
   30 ILCS 805/8.22 new                                                        

        Amends the Downstate  Police  Article  of  the  Pension  Code  to      
   incrementally increase the minimum survivor's pension, up to $1000 per      
   month  beginning  January  1,  2002.  Amends the State Mandates Act to      
   require implementation without reimbursement.  Effective immediately.       
          PENSION NOTE                                                         
          Estimated increase in accrued liability is $15.9 M, and total        
          annual cost is 0.16% of payroll, or $771,000. Annual cost would      
          vary by individual fund and would increase commensurate with         
          payroll.                                                             
   98-02-03  H  FILED WITH CLERK                                               
   98-02-03  H  FIRST READING                                                  
   98-02-03  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-03-03  H                        PENSION NOTE FILED                       
   98-03-03  H                   COMMITTEE               RULES                 
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 


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