91st General Assembly
Status of HB0266
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
SMITH,MICHAEL AND BOLAND.

   40 ILCS 5/3-111.1         from Ch. 108 1/2, par. 3-111.1                    
   30 ILCS 805/8.23 new                                                        

        Amends the Downstate  Police  article  of  the  Pension  Code  to      
   provide  a compounded 3% annual increase in survivor pensions.  Amends      
   the   State   Mandates   Act   to   require   implementation   without      
   reimbursement.  Effective immediately.                                      
          PENSION NOTE (Pension Laws Commission)                               
          Increase in accrued liability                    $193.0 million      
          Increase in total annual cost (3.45% of payroll) $ 17.5 million      
   99-01-27  H  FILED WITH CLERK                                               
   99-01-27  H  FIRST READING                                                  
   99-01-27  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   99-02-02  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   99-02-24  H  ADDED AS A CO-SPONSOR                    BOLAND                
   99-03-05  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-03-15  H                        PENSION NOTE FILED                       
   99-03-15  H                   COMMITTEE               RULES                 
   01-01-09  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary