SMITH,MICHAEL-BOST AND JOHNSON,TIM. 40 ILCS 5/4-109 from Ch. 108 1/2, par. 4-109 30 ILCS 805/8.23 new Amends the Downstate Firefighter Article of the Illinois Pension Code. Increases the pension formula from 2% to 2.5% of salary for the 21st through 30th year of service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Increase in accrued liability $ 36.8 million Increase in total annual cost (1.09% of payroll) $ 3.8 million 99-01-28 H FILED WITH CLERK 99-01-28 H ADDED AS A JOINT SPONSOR BOST 99-02-02 H FIRST READING 99-02-02 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-02-03 H ASSIGNED TO COMMITTEE PERS PENSION 99-03-01 H ADDED AS A CO-SPONSOR JOHNSON,TIM 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