91st General Assembly
Summary of HB0398
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House Sponsors:
SMITH,MICHAEL-BOST-HOLBROOK-KLINGLER AND BOLAND.

Senate Sponsors:
MADIGAN,R-MYERS,J

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  noncompounded  3%  annual  increase  in  certain      
   disability  and  survivor  pensions.  Increases the minimum retirement      
   pension to $1000 per month for firefighters with at least 20 years  of      
   service.   Also increases the minimum duty, occupational, and non-duty      
   disability pensions to $1000 per month.  Amends the State Mandates Act      
   to  require   implementation   without   reimbursement.      Effective      
   immediately.                                                                
          PENSION NOTE (Pension Laws Commission)                               
          Increase in accrued liability                     $96.9 million      
          Increase in total annual cost                     $ 9.0 million      
        HOUSE AMENDMENT NO. 1.                                                 
          Deletes reference to:                                                
          40 ILCS 5/4-109.1                                                    
          40 ILCS 5/4-109.2                                                    
          30 ILCS 805/8.23 new                                                 
        Deletes  all  substantive  provisions  of  the  bill.   Makes   a      
   technical change in a Section relating to downstate firefighters.           
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


   END OF INQUIRY 



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