91st General Assembly
Status of SB1464
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RADOGNO.

   40 ILCS 5/5-114           from Ch. 108 1/2, par. 5-114                      

        Amends the Chicago Police Article of the Pension  Code  to  limit      
   the  salary  for  pension  purposes  of  persons  first  appointed  to      
   non-civil  service  positions  after  December 31, 2000 to the highest      
   civil service captain's salary.  Effective immediately.                     
          PENSION NOTE (Pension Laws Commission)                               
           Decrease in accrued liability                    $ 7.0 million      
           Decrease in normal cost                          $ 0.2 million      
           Decrease in annual amortization payment          $ 0.3 million      
           Reduction in 1st year cost (.07% of payroll)     $ 0.5 million      
   00-01-26  S  FIRST READING                                                  
   00-01-26  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   00-01-31  S                        PENSION NOTE FILED                       
   00-01-31  S                   COMMITTEE               RULES                 
   01-01-09  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary