WALSH,T. 40 ILCS 5/5-132 from Ch. 108 1/2, par. 5-132 30 ILCS 805/8.21 new Amends the Chicago Police Article of the Pension Code. Allows retirement at any age with 25 years of service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Increase in accrued liability $ 36.7 M Increase in total annual cost $ 2.4 M Increase in total annual cost as % of payroll 0.38% 97-02-05 S FIRST READING 97-02-05 S REFERRED TO SENATE RULES COMMITTEE RULES 97-02-05 S ASSIGNED TO COMMITTEE INS & PENS. 97-02-26 S TO SUBCOMMITTEE 97-03-05 S PENSION NOTE FILED 97-03-05 S COMMITTEE INS & PENS. 97-03-15 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 99-01-12 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary