CAPPARELLI-BUGIELSKI-ACEVEDO-BURKE-LYONS,JOSEPH, MENDOZA AND SAVIANO. 40 ILCS 5/5-154 from Ch. 108 1/2, par. 5-154 30 ILCS 805/8.26 new Amends the Chicago Police Article of the Illinois Pension Code. Increases the duty disability benefit to 75% of the current salary attached from time to time to the rank held by the policeman at the time of removal from the police department payroll; makes this change retroactive to January 1, 2001. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Illinois Pension Laws Commission) Based on 12/31/98 membership data, the estimated increase in accrued liability due to HB 4011 is $141.5 million. The increase in normal cost is estimated to be $3.1 million and the annual payment needed to amortize the estimated increase in accrued liability over 40 years is $7.0 million. Therefore, the 1st year cost of HB 4011 is estimated to be $10.1 million, or 1.38% of payroll. JAN-29-2002 H FILED WITH CLERK JAN-29-2002 H ADDED AS A JOINT SPONSOR BUGIELSKI JAN-29-2002 H ADDED AS A JOINT SPONSOR ACEVEDO JAN-29-2002 H ADDED AS A JOINT SPONSOR BURKE JAN-29-2002 H ADDED AS A JOINT SPONSOR LYONS,JOSEPH JAN-29-2002 H ADDED AS A CO-SPONSOR MCAULIFFE JAN-29-2002 H ADDED AS A CO-SPONSOR MENDOZA JAN-29-2002 H ADDED AS A CO-SPONSOR SAVIANO JAN-29-2002 H FIRST READING JAN-29-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-15-2002 H PENSION NOTE FILED FEB-15-2002 H COMMITTEE RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary