PEN CD-CHGO FIRE-80% MAXIMUM House SponsorsRep. Ralph C. Capparelli-Joseph M. Lyons-Daniel J. Burke-Richard T. Bradley-Susana Mendoza, Edward J. Acevedo, Maria Antonia Berrios, John A. Fritchey, Kevin Joyce, Michael P. McAuliffe, Angelo Saviano, Lou Lang and Robert Rita 1/11/2005HouseSession Sine Die 40 ILCS 5/6-128from Ch. 108 1/2, par. 6-12840 ILCS 5/6-140from Ch. 108 1/2, par. 6-14040 ILCS 5/6-144from Ch. 108 1/2, par. 6-14440 ILCS 5/6-151from Ch. 108 1/2, par. 6-15130 ILCS 805/8.27 new Amends the Chicago Firefighter Article of the Illinois Pension Code to increase the maximum retirement annuity, duty disability benefit, and duty death benefit from 75% to 80% of salary. Also makes technical changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.Pension Note (Pension Laws Commission) Increased liability is estimated to be $23.4 million. The annual payment needed to amortize the increase over 40 yrs. is $2.0 million. The estimated annual increase in normal cost is $0.9 million, or 0.34% of payroll. Therefore, the estimated increase in total annual cost is $2.9 million, or 1.03% of payroll. 1/29/2003HouseFiled with the Clerk by Rep. Ralph C. Capparelli 1/29/2003HouseChief Co-Sponsor Rep. Joseph M. Lyons 1/29/2003HouseChief Co-Sponsor Rep. Daniel J. Burke 1/29/2003HouseChief Co-Sponsor Rep. Richard T. Bradley 1/29/2003HouseChief Co-Sponsor Rep. Susana Mendoza 1/29/2003HouseCo-Sponsor Rep. Edward J. Acevedo 1/29/2003HouseCo-Sponsor Rep. Maria Antonia Berrios 1/29/2003HouseCo-Sponsor Rep. John A. Fritchey 1/29/2003HouseCo-Sponsor Rep. Kevin Joyce 1/29/2003HouseCo-Sponsor Rep. Michael P. McAuliffe 1/29/2003HouseCo-Sponsor Rep. Angelo Saviano 1/29/2003HouseFirst Reading 1/29/2003HouseReferred to Rules Committee 2/4/2003HouseAssigned to Executive Committee 2/6/2003HouseAdded Co-Sponsor Rep. Lou Lang 2/6/2003HouseAdded Co-Sponsor Rep. Robert Rita 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 5/19/2003HousePension Note Filed 1/11/2005HouseSession Sine Die