92nd General Assembly
Summary of HB4238
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House Sponsors:
BURKE-CAPPARELLI-MENDOZA-ACEVEDO.

Short description: 
PENCD-CHGO POL-MANDATORY RETMT                                             

Synopsis of Bill as introduced:
        Amends the Chicago Police Article of the Illinois Pension Code to      
   provide a new retirement benefit formula for persons who are  required      
   to  withdraw  from  service  with less than 20 years of service due to      
   reaching mandatory retirement age.  Amends the State Mandates  Act  to      
   require implementation without reimbursement.  Effective immediately.       
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of HB 4238 has not been calculated, but is         
          expected to be relatively minor.                                     
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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