91st General Assembly
Summary of HB2621
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House Sponsors:
ZICKUS.

Short description: 
PEN CD-DNST POL-SURVIVOR INCR                                              

Synopsis of Bill as introduced:
        Amends the Downstate Firefighter Article of the Illinois Pension       
   Code. Increases the annuity payable to certain survivors to 100% of         
   the retirement pension that the deceased firefighter received, or was       
   entitled  to  receive,  at the time of death.  Applies to survivors of      
   firefighters who die on or after the effective date.  Amends the State      
   Mandates  Act  to  require   implementation   without   reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          Increase in accrured liability                   $157.9 million      
          Increase in total annual cost (3.37% of payroll) $ 11.8 million      
 
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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