PEN CD-CHGO LABORERS BENEFITS House SponsorsRep. Ralph C. Capparelli-Joseph M. Lyons-Daniel J. Burke-Richard T. Bradley-Michael P. McAuliffe and Harry Osterman 1/11/2005HouseSession Sine Die 40 ILCS 5/11-134from Ch. 108 1/2, par. 11-13440 ILCS 5/11-134.1from Ch. 108 1/2, par. 11-134.140 ILCS 5/11-145.1from Ch. 108 1/2, par. 11-145.140 ILCS 5/11-163from Ch. 108 1/2, par. 11-16340 ILCS 5/11-167from Ch. 108 1/2, par. 11-16740 ILCS 5/11-170.1from Ch. 108 1/2, par. 11-170.140 ILCS 5/11-221.4 new30 ILCS 805/8.27 new Amends the Chicago Laborers Article of the Illinois Pension Code. Increases the minimum annuity for certain retirees and spouses. Creates an additional formula for determining the annuity payable to certain spouses and extends eligibility for one of the existing formulas. Accelerates certain automatic annual increases to the month of January. Allows repayment of a refund by an employee who has returned to service with the City for 90 days or with a reciprocal system employer for 2 years. Provides that the Fund may allow an employee to pay certain optional contributions with pre-tax dollars through employer pick-up. Allows employees to receive up to 5 years of credit for certain military service not preceded by employment; requires payment of the corresponding employee contributions and interest. Makes a technical correction in a Section on refunds. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.Pension Note (Pension Laws Commission) According to the Fund, HB 5 would increase the accrued liability by an estimated $136.7 million. In addition, there would be an increase in accrued liability due to the establishment of service credit for military service not preceded by employment, but it cannot be calculated, as the amount of such service that may be established is unknown. This provision is also the only provision of HB 5 that would result in higher annual employer contributions. As of December 31, 2001 the Chicago Laborers' Pension Fund was funded at 112.0%, with assets $168.5 million higher than accrued liabilities. 12/5/2002HousePrefiled with Clerk by Rep. Ralph C. Capparelli 12/5/2002HouseAdded Chief Co-Sponsor Rep. Joseph M. Lyons 12/5/2002HouseAdded Chief Co-Sponsor Rep. Daniel J. Burke 12/5/2002HouseAdded Chief Co-Sponsor Rep. Richard T. Bradley 12/5/2002HouseAdded Chief Co-Sponsor Rep. Michael P. McAuliffe 1/8/2003HouseFirst Reading 1/8/2003HouseReferred to Rules Committee 1/23/2003HouseAssigned to Executive Committee 2/19/2003HouseAdded Co-Sponsor Rep. Harry Osterman 2/20/2003HousePension Note Filed 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die