91st General Assembly
Summary of HB2863
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House Sponsors:

Short description: 
PEN CD-COOK-CORRECTIONS-DEPUTY                                             

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.      
   Effective immediately.                                                      
          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

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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