91st General Assembly
Status of SB0062
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RADOGNO.

   40 ILCS 5/5-132           from Ch. 108 1/2, par. 5-132                      
   30 ILCS 805/8.23 new                                                        

        Amends the Chicago Police Article of the  Pension  Code  to  base      
   retirement  benefits on the highest 12 months, rather than 4 years, of      
   salary within the last 10 years of service, for persons retiring after      
   December  31,  1999.   Amends  the  State  Mandates  Act  to   require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Pension Laws Commission)                               
          Estimated first year cost is $11.7 million (1.79% of payroll).       
          PENSION NOTE, REVISED (Pension Laws Commission)                      
          Estimated first year cost is $14.1 million (1.92% 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