House Sponsors: MURPHY AND MOORE,EUGENE. Short description: PEN CD-COOK CO-WIDOW 3% INCR Synopsis of Bill as introduced: Amends the Cook County Article of the Pension Code. Provides for a compounded 3% annual increase in widow's annuities. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION IMPACT NOTE Increase in accrued liabilities $76.5 M Increase in annual cost 11.2 M Increase in total annual cost as % of payroll 1.15% PENSION IMPACT NOTE, H-AM 1 HB929, amended, would increase the Fund's accrued liability by a total of $162.8 M and the Fund's annual cost by $21.8 M. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status