92nd General Assembly
Status of HB4011
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CAPPARELLI-BUGIELSKI-ACEVEDO-BURKE-LYONS,JOSEPH, 
   MENDOZA AND SAVIANO.

   40 ILCS 5/5-154           from Ch. 108 1/2, par. 5-154                      
   30 ILCS 805/8.26 new                                                        

        Amends the Chicago Police Article of the Illinois  Pension  Code.      
   Increases  the  duty  disability  benefit to 75% of the current salary      
   attached from time to time to the rank held by the  policeman  at  the      
   time  of removal from the police department payroll; makes this change      
   retroactive to January 1, 2001.  Amends  the  State  Mandates  Act  to      
   require implementation without reimbursement.  Effective immediately.       
          PENSION NOTE (Illinois Pension Laws Commission)                      
          Based on 12/31/98 membership data, the estimated increase in         
          accrued liability due to HB 4011 is $141.5 million. The              
          increase in normal cost is estimated to be $3.1 million and          
          the annual payment needed to amortize the estimated increase         
          in accrued liability over 40 years is $7.0 million. Therefore,       
          the 1st year cost of HB 4011 is estimated to be $10.1 million,       
          or 1.38% of payroll.                                                 
   JAN-29-2002  H  FILED WITH CLERK                                               
   JAN-29-2002  H  ADDED AS A JOINT SPONSOR                 BUGIELSKI             
   JAN-29-2002  H  ADDED AS A JOINT SPONSOR                 ACEVEDO               
   JAN-29-2002  H  ADDED AS A JOINT SPONSOR                 BURKE                 
   JAN-29-2002  H  ADDED AS A JOINT SPONSOR                 LYONS,JOSEPH          
   JAN-29-2002  H  ADDED AS A CO-SPONSOR                    MCAULIFFE             
   JAN-29-2002  H  ADDED AS A CO-SPONSOR                    MENDOZA               
   JAN-29-2002  H  ADDED AS A CO-SPONSOR                    SAVIANO               
   JAN-29-2002  H  FIRST READING                                                  
   JAN-29-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-15-2002  H                        PENSION NOTE FILED                       
   FEB-15-2002  H                   COMMITTEE               RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary