91st General Assembly
Summary of HB0319
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House Sponsors:
CAPPARELLI-BURKE-BUGIELSKI-LYONS,JOSEPH-MCAULIFFE.

Short description: 
PENCD-CHGO MUNI-ADMINISTRATIVE                                             

Synopsis of Bill as introduced:
        Amends the Chicago Municipal Article of the Illinois Pension           
   Code. Amends the reversionary annuity table to add entries relating to      
   persons who retire before age 55. Allows a person whose retirement          
   annuity would be less than $800 per month (currently $300) to elect to      
   receive a refund instead of an annuity. Adds provisions relating to         
   payment of benefits to a person under legal disability. Effective           
   immediately.                                                                
          PENSION NOTE (Pension Laws Commission)                               
          Fiscal impact cannot be calculated, but is estimated to be           
          minor.                                                               
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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