90th General Assembly
Status of SB0752
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SYVERSON-JACOBS.

   40 ILCS 5/4-109.1         from Ch. 108 1/2, par. 4-109.1                    
   40 ILCS 5/4-109.2         from Ch. 108 1/2, par. 4-109.2                    
   40 ILCS 5/4-113           from Ch. 108 1/2, par. 4-113                      
   30 ILCS 805/8.21 new                                                        

        Amends the Downstate Firefighter Article of the Illinois  Pension      
   Code  to provide a compounded 3% annual increase in certain disability      
   and survivor pensions.  Increases the  minimum  retirement,  survivor,      
   and  disability  pensions.    Amends the State Mandates Act to require      
   implementation without reimbursement.  Effective immediately.               
          PENSION IMPACT NOTE                                                  
          A. Compounded annual increase: disability/survivors annuities        
           Increase in unfunded liability                        $111.5 M      
           Increase in total annual cost                         $ 13.1 M      
           Increase in total annual cost as % of payroll            4.84%      
          B. Minimum pension/equal benefit provisions: to be determined.       
   97-02-07  S  FIRST READING                                                  
   97-02-07  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   97-02-19  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   97-02-26  S       TO SUBCOMMITTEE                                           
   97-02-26  S                   COMMITTEE               INS & PENS.           
   97-03-15  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   97-03-27  S                        PENSION NOTE FILED                       
   97-03-27  S                   COMMITTEE               RULES                 
   99-01-12  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary