Synopsis of Bill as introduced:
Amends the Cook County Article of the Pension Code to reduce
(from 0.5% to 0.25% per month) the reduction in pension due to
retirement before age 60. Applies only to persons who have at least
20 years of service as a court service deputy sheriff. Amends the
State Mandates Act to require implementation without reimbursement.
PENSION NOTE (Pension Laws Commission)
Estimated increase in total annual cost is $309,000, 0.03% of
payroll. Annual costs will increase commensurate with payroll.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status