CAPPARELLI-MCAULIFFE-BUGIELSKI-LYONS,JOSEPH-LOPEZ, BURKE AND ACEVEDO. 40 ILCS 5/5-167.1 from Ch. 108 1/2, par. 5-167.1 40 ILCS 5/5-167.2 from Ch. 108 1/2, par. 5-167.2 30 ILCS 805/8.23 new Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity, increases it to 3% for all annuitants, and removes the 30% maximum increase limitation. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Total annual cost is $10.7 million (2.77% of payroll). PENSION NOTE, REVISED (Pension Laws Commission) Estimated 1st year cost is $32.4 million (4.40% of payroll). 99-01-14 H FIRST READING 99-01-14 H ADDED AS A JOINT SPONSOR MCAULIFFE 99-01-14 H ADDED AS A CO-SPONSOR BUGIELSKI 99-01-14 H ADDED AS A CO-SPONSOR LYONS,JOSEPH 99-01-14 H ADDED AS A CO-SPONSOR LOPEZ 99-01-14 H ADDED AS A CO-SPONSOR BRADY 99-01-14 H ADDED AS A CO-SPONSOR BURKE 99-01-14 H ADDED AS A CO-SPONSOR ACEVEDO 99-01-14 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-27 H ASSIGNED TO COMMITTEE PERS PENSION 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-03-09 H PENSION NOTE FILED 99-03-09 H COMMITTEE RULES 99-09-08 H PENSION NOTE FILED REVISED 99-09-08 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary