House Sponsors: MADIGAN,MJ-DANIELS-CAPPARELLI-BRADLEY-ACEVEDO, FRITCHEY, DELGADO, COLLINS, GILES, BUGIELSKI AND MENDOZA. Senate Sponsors: RADOGNO-O'MALLEY Short description: PEN CD-CHGO POLICE-DISAB ETC Synopsis of Bill as introduced: Amends the Chicago Police Article of the Illinois Pension Code. Provides that if the Board finds that the disability of a policeman is of such a nature as to permanently render him or her totally disabled for any service of a remunerative character, the duty disability benefit shall be 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. Removes the earnings limitation on disability benefits. Increases the child's duty disability pension from $30 to $100. Raises the minimum duty disability provision from 50% to 60% of current salary and makes it apply to benefits that have been payable for 7 (rather than 10) years. Increases the child's occupational disease disability pension from $50 to $100. Makes some of these changes retroactive to January 1, 2000. Removes the date restriction in a provision relating to credit for service while a member of the General Assembly. Extends the 3% annual increase in retirement pension to persons born in 1945, 1946, 1947, 1948, or 1949. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Based on 12/31/98 membership data, the estimated increase in accrued liability due to HB 0266 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 estimated lst year cost of HB 0266 is estimated to be $10.1 million, or 1.38% of payroll. HOUSE AMENDMENT NO. 1. In the provisions affecting the automatic annual increase, makes the changes retroactive to January 1, 2000 rather than January 1, 2001. Last action on Bill: PUBLIC ACT.............................. 92-0052 Last action date: JUL-12-2001 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0 END OF INQUIRY Full Text Bill Status