Senate Sponsors: SYVERSON-JACOBS. Short description: PEN CD-DNST FIRE-ANNUAL INCR Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status