DANIELS-POE-KLINGLER-RIGHTER AND RUTHERFORD.
PEN CD-DNST POL-BENEFIT INCR
Synopsis of Bill as introduced:
Amends the Downstate Police Article of the Illinois Pension Code.
Increases the pension formula from 2% to 2.5% of salary for the 21st
through 30th year of service. Allows police officers to obtain
service credit for a period of up to 3 years spent on duty or nonduty
disability; requires a return to service for an equivalent period and
payment of employee contributions before retirement. Provides duty
disability benefits for an officer who becomes disabled due to a
duty-related stroke. Provides for calculation of the initial
automatic annual increase in retirement pension on a monthly (rather
than annual) basis. Raises certain disability pensions to the amount
of the retirement pension that the police officer would be eligible to
receive if he or she retired. Increases the employee contribution
rate. Amends the State Mandates Act to require implementation without
reimbursement. Effective immediately.
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