House Sponsors: MAUTINO. Short description: PEN CD-DNST POL-3% SURVIVOR Synopsis of Bill as introduced: Amends the Downstate Police Article of the Pension Code to provide a noncompounded 3% annual increase in survivor pensions. Bases the calculation of retirement pensions and the initial automatic annual increase in retirement pension on the number of months (rather than full years) of creditable service; makes the resulting increases apply to currently payable pensions beginning January 1, 1999. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Estimated increase in accrued liability, $184.7 M; in total annual cost, $13.0 M (3.49% of payroll). 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