91st General Assembly
Summary of HB0330
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House Sponsors:
GIGLIO.

Short description: 
PEN CD-COOK CO-DEPUTY SALARY                                               

Synopsis of Bill as introduced:
        Amends the Cook County Article of the Illinois Pension Code to         
   provide that pensions calculated under the special formula for members      
   of the county police department shall be based on (1) the average           
   salary for the highest 12 months (rather than 4 years) within the last      
   10 years of service or (2) salary on the last day of service as a           
   member of the county police department, whichever is greater. Amends        
   the State Mandates Act to require implementation without                    
   reimbursement. Effective immediately.                                       
          PENSION NOTE (Pension Laws Commission)                               
          Estimated increase in total annual cost is $1.1 million,             
          0.11 % of payroll.                                                   
 
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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