House Sponsors: SMITH,MICHAEL-BOST AND JOHNSON,TIM. Short description: PEN CD-DNST FIRE-ANNUAL INCR Synopsis of Bill as introduced: Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides for calculation of the initial automatic annual increase in retirement pension on a monthly (rather than annual) basis. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Increase in accrued liability $ 3.9 million Increase in total annual cost (0.11% of payroll) $381,000 Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status