CAPPARELLI-MCAULIFFE-LYONS,JOSEPH-BUGIELSKI-BURKE AND BRADLEY.
PEN CD-CHGO FIRE-INCR FORMULA
Synopsis of Bill as introduced:
Amends the Chicago Firefighter Article of the Pension Code to
provide an increase in the retirement benefit formula. Provides for
2.5% (rather than 2%) of average salary for each year of service
beyond 20. Applies to persons withdrawing from service after December
31, 1998. Also makes technical changes. Amends the State Mandates
Act to require implementation without reimbursement. Effective
HB2835 makes no substantive changes, there is no fiscal impact.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status