RADOGNO. 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 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) Estimated total annual cost is $10.7 million (2.77% of payroll). PENSION NOTE, REVISED (Pension Laws Commission) Estimated first year cost is $32.4 million (4.40% of payroll). 99-01-27 S FIRST READING 99-01-27 S REFERRED TO SENATE RULES COMMITTEE RULES 99-01-27 S ASSIGNED TO COMMITTEE INS & PENS. 99-02-24 S TO SUBCOMMITTEE 99-03-08 S PENSION NOTE FILED 99-03-08 S COMMITTEE INS & PENS. 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 99-09-08 S PENSION NOTE FILED REVISED 99-09-08 S COMMITTEE RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary