PEN CD-FIREFIGHTERS-INCREASES House SponsorsRep. Donald L. Moffitt-William B. Black-Thomas Holbrook Senate Sponsors(Sen. Don Harmon) 1/11/2011HouseSession Sine Die 40 ILCS 5/4-109.1from Ch. 108 1/2, par. 4-109.130 ILCS 805/8.33 new Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that, in July 2009, the monthly pension of a firefighter who retired before January 1, 1977 shall be recalculated and increased to reflect the amount that the firefighter would have received in July 2009 had the firefighter been receiving a 3% compounded increase for each year he or she received pension payments. In each January thereafter, provides that he or she shall receive an additional increase of 3% of the amount of the pension then being paid. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.House Floor Amendment No. 3 Provides that the monthly pension of a firefighter who retired before July 1, 1977 shall be recalculated and increased to reflect the amount that the firefighter would have received in July 2009 had the firefighter been receiving a 3% compounded increase for each year he or she received pension payments after January 1, 1986, plus any increases in pension received for each year prior to January 1, 1986.Pension Note, House Floor Amendment No. 3 (Government Forecasting & Accountability) The Commission's actuary has completed a cost study of HB 1041 (H-AM 3). The results for all Downstate fire pension funds available are as follows: (1) Increase in total actuarial liability = $3,859,000.00; (2) Increase in total annual costs = $237,000.00; (3) Total retirees impacted = 100.Pension Note (Government Forecasting & Accountability) The Commission's actuary has completed a cost study of HB 1041. The results for all Downstate fire pension funds available are as follows: (1) Increase in total actuarial liability = $4,964,000.00; (2) Increase in total annual costs = $305,000.00; (3) Total retirees impacted = 100. 2/11/2009HouseFiled with the Clerk by Rep. Donald L. Moffitt 2/11/2009HouseAdded Chief Co-Sponsor Rep. William B. Black 2/11/2009HouseFirst Reading 2/11/2009HouseReferred to Rules Committee 2/18/2009HouseAssigned to Personnel and Pensions Committee 3/12/2009HouseDo Pass / Short Debate Personnel and Pensions Committee; 009-000-000 3/12/2009HousePlaced on Calendar 2nd Reading - Short Debate 3/17/2009HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Donald L. Moffitt 3/17/2009HouseHouse Floor Amendment No. 1 Referred to Rules Committee 3/17/2009HouseHouse Floor Amendment No. 2 Filed with Clerk by Rep. Donald L. Moffitt 3/17/2009HouseHouse Floor Amendment No. 2 Referred to Rules Committee 3/17/2009HouseAdded Chief Co-Sponsor Rep. Thomas Holbrook 3/25/2009HouseHouse Floor Amendment No. 3 Filed with Clerk by Rep. Donald L. Moffitt 3/25/2009HouseHouse Floor Amendment No. 3 Referred to Rules Committee 3/27/2009HouseHouse Floor Amendment No. 3 Pension Note Filed as Amended 3/27/2009HousePension Note Filed Revised 3/30/2009HouseHouse Floor Amendment No. 3 Recommends Be Adopted Rules Committee; 003-000-000 4/1/2009HouseSecond Reading - Short Debate 4/1/2009HouseHeld on Calendar Order of Second Reading - Short Debate 4/3/2009HouseHouse Floor Amendment No. 3 Adopted by Voice Vote 4/3/2009HousePlaced on Calendar Order of 3rd Reading - Short Debate 4/3/2009HouseThird Reading - Short Debate - Passed 105-002-000 4/3/2009HouseHouse Floor Amendment No. 1 Tabled Pursuant to Rule 40(a) 4/3/2009HouseHouse Floor Amendment No. 2 Tabled Pursuant to Rule 40(a) 4/15/2009SenateArrive in Senate 4/15/2009SenatePlaced on Calendar Order of First Reading 4/15/2009SenateChief Senate Sponsor Sen. Michael W. Frerichs 4/15/2009SenateFirst Reading 4/15/2009SenateReferred to Assignments 4/22/2009SenateAssigned to Pensions and Investments 4/22/2009SenateAlternate Chief Sponsor Changed to Sen. Don Harmon 4/30/2009SenateTo Pensions & Investments Subcommittee on Pension Benefit Enhancements 5/8/2009SenateRule 3-9(a) / Re-referred to Assignments 1/11/2011HouseSession Sine Die