95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
HB4897

 

Introduced , by Rep. Michael K. Smith

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/4-109   from Ch. 108 1/2, par. 4-109
30 ILCS 805/8.32 new

    Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that the monthly pension shall be increased by 1/12 of 2.5% of the monthly salary attached to the rank held by him or her in the fire service at the date of retirement for each additional month over 20 years of service through 32 (was, 30) years of service, to a maximum of 80% (was, 75%) of such monthly salary. Amends the State Mandates Act to require implementation without reimbursement.


LRB095 18346 AMC 44431 b

FISCAL NOTE ACT MAY APPLY
PENSION IMPACT NOTE ACT MAY APPLY
STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT

 

 

A BILL FOR

 

HB4897 LRB095 18346 AMC 44431 b

1     AN ACT concerning public employe benefits.
 
2     Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
 
4     Section 5. The Illinois Pension Code is amended by changing
5 Section 4-109 as follows:
 
6     (40 ILCS 5/4-109)  (from Ch. 108 1/2, par. 4-109)
7     Sec. 4-109. Pension.
8     (a) A firefighter age 50 or more with 20 or more years of
9 creditable service, who is no longer in service as a
10 firefighter, shall receive a monthly pension of 1/2 the monthly
11 salary attached to the rank held by him or her in the fire
12 service at the date of retirement.
13     The monthly pension shall be increased by 1/12 of 2.5% of
14 such monthly salary for each additional month over 20 years of
15 service through 32 30 years of service, to a maximum of 80% 75%
16 of such monthly salary.
17     The changes made to this subsection (a) by this amendatory
18 Act of the 91st General Assembly apply to all pensions that
19 become payable under this subsection on or after January 1,
20 1999. All pensions payable under this subsection that began on
21 or after January 1, 1999 and before the effective date of this
22 amendatory Act shall be recalculated, and the amount of the
23 increase accruing for that period shall be payable to the

 

 

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1 pensioner in a lump sum.
2     (b) A firefighter who retires or is separated from service
3 having at least 10 but less than 20 years of creditable
4 service, who is not entitled to receive a disability pension,
5 and who did not apply for a refund of contributions at his or
6 her last separation from service shall receive a monthly
7 pension upon attainment of age 60 based on the monthly salary
8 attached to his or her rank in the fire service on the date of
9 retirement or separation from service according to the
10 following schedule:
11     For 10 years of service, 15% of salary;
12     For 11 years of service, 17.6% of salary;
13     For 12 years of service, 20.4% of salary;
14     For 13 years of service, 23.4% of salary;
15     For 14 years of service, 26.6% of salary;
16     For 15 years of service, 30% of salary;
17     For 16 years of service, 33.6% of salary;
18     For 17 years of service, 37.4% of salary;
19     For 18 years of service, 41.4% of salary;
20     For 19 years of service, 45.6% of salary.
21 (Source: P.A. 91-466, eff. 8-6-99.)
 
22     Section 90. The State Mandates Act is amended by adding
23 Section 8.32 as follows:
 
24     (30 ILCS 805/8.32 new)

 

 

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1     Sec. 8.32. Exempt mandate. Notwithstanding Sections 6 and 8
2 of this Act, no reimbursement by the State is required for the
3 implementation of any mandate created by this amendatory Act of
4 the 95th General Assembly.