92nd General Assembly
Status of HB4063
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LYONS,JOSEPH-BUGIELSKI-CAPPARELLI-MCAULIFFE-ACEVEDO AND LANG.

   40 ILCS 5/5-114           from Ch. 108 1/2, par. 5-114                      
   30 ILCS 805/8.26 new                                                        

        Amends the Chicago Police Article of the Illinois Pension Code to      
   allow overtime pay to be included in the  calculation  of  salary  for      
   pension   purposes.    Amends   the  State  Mandates  Act  to  require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Pension Laws Commission)                               
          The fiscal impact of HB 4063 has not been calculated, but could      
          be significant. Additional employer contributions would be           
          required, as employer contributions to the Chicago Police            
          Pension Fund are based on employee contributions from two years      
          prior. HB 4063 increases employee contributions beginning            
          January 1, 2003.                                                     
   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                 CAPPARELLI            
   JAN-29-2002  H  ADDED AS A JOINT SPONSOR                 MCAULIFFE             
   JAN-29-2002  H  ADDED AS A JOINT SPONSOR                 ACEVEDO               
   JAN-29-2002  H  FIRST READING                                                  
   JAN-29-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-15-2002  H  ADDED AS A CO-SPONSOR                    LANG                  
   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