MOLARO. 40 ILCS 5/11-134 from Ch. 108 1/2, par. 11-134 40 ILCS 5/11-145.1 from Ch. 108 1/2, par. 11-145.1 30 ILCS 805/8.25 new Amends the Chicago Laborer Article of the Illinois Pension Code. Increases the minimum retirement and widow's annuities for certain classes of annuitants, beginning January 1, 2002. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) According to the Funds' actuary, SB 477 would increase the accrued liability by an estimated $73.6 million. Although the increase in annual normal cost is estimated to be $161,000, there would be no increase in the required annual contribu- tions, because as of December 31, 1999, the Chicago Laborers' Pension Fund was funded at 129.1%, with assets $380.9 million higher than accrued liabilities. FEB-20-2001 S FIRST READING FEB-20-2001 S REFERRED TO SENATE RULES COMMITTEE RULES FEB-28-2001 S ASSIGNED TO COMMITTEE INS & PENS. MAR-01-2001 S PENSION NOTE FILED MAR-06-2001 S TO SUBCOMMITTEE MAR-06-2001 S COMMITTEE INS & PENS. MAR-31-2001 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES JAN-07-2003 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary