REITZ-BOST-CURRIE-MURPHY-BOLAND, BLACK AND MOFFITT.
Synopsis of Bill as introduced:
Amends the Illinois Pension Code. Makes a technical change in a
Section concerning downstate firefighters.
PENSION NOTE (Illinois Pension Laws Commission)
HB 4527 has no fiscal impact.
HOUSE AMENDMENT NO. 1.
Deletes reference to:
40 ILCS 5/4-101 from Ch. 108 1/2, par. 4-101
Adds reference to:
40 ILCS 5/4-109.1 from Ch. 108 1/2, par. 4-109.1
40 ILCS 5/4-109.2 from Ch. 108 1/2, par. 4-109.2
40 ILCS 5/4-114 from Ch. 108 1/2, par. 4-114
30 ILCS 805/8.26 new
Deletes everything. Amends the Downstate Firefighter Article of
the Illinois Pension Code. Provides for a 3% annual increase in
pensions to surviving children. Incrementally increases certain
minimum retirement, disability, and surviving spouse pensions.
Provides that the minimum monthly pension payable to the surviving
spouse of a firefighter who died while receiving a retirement pension
shall be 50% of the monthly retirement pension that the deceased
firefighter was receiving at the time of death, including any annual
increases that have accrued. Adds a compounded 3% annual increase in
survivor pensions payable on January 1, 2003. Amends the State
Mandates Act to require implementation without reimbursement.
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status