PENCD-ART 4-SURV SPOUSE-3% AAI House SponsorsRep. Michael K. Smith 1/11/2005HouseSession Sine Die 40 ILCS 5/4-109.1from Ch. 108 1/2, par. 4-109.130 ILCS 805/8.27 new Amends the Downstate Firefighters Article of the Illinois Pension Code. Provides for a 3% automatic annual increase in surviving spouses' pensions. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.Pension Note (Pension Laws Commission) Based on FY 1996 membership data supplied by the Department of Insurance, the Commission's actuary estimates that HB 2621 would increase the accrued liability of the Downstate Firefighters' pension funds by $175.1 million. The resulting increase in total annual cost is estimated to be $17.8 million, or 5.06% of payroll. The increase in accrued liability and annual cost would vary by individual fund and would increase commensurate with payroll. 2/21/2003HouseFiled with the Clerk by Rep. Michael K. Smith 2/21/2003HouseFirst Reading 2/21/2003HouseReferred to Rules Committee 2/26/2003HouseAssigned to Executive Committee 2/28/2003HousePension Note Filed 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 1/11/2005HouseSession Sine Die