RADOGNO. 40 ILCS 5/5-168 from Ch. 108 1/2, par. 5-168 Amends the Chicago Police Article of the Pension Code to increase the multiplier used to calculate the maximum allowable pension tax, from 2.00 to 2.26. Effective immediately. PENSION NOTE (Pension Laws Commission) SB 1469 would significantly increase the annual employer con- tributions. In FY98, these contributions totaled $118.2 mil- lion, using a property tax multiplier of 2.00. A property tax multiplier of 2.26 would have generated $133.6 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