Illinois General Assembly - Bill Status for HB0387
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 Bill Status of HB0387  93rd General Assembly


Short Description:  PENCD-CHGO FIRE-MANDATORY RET

House Sponsors
Rep. Richard T. Bradley - Joseph M. Lyons - Ralph C. Capparelli - Robert S. Molaro - Daniel J. Burke, Edward J. Acevedo, Maria Antonia Berrios, Michael P. McAuliffe, Angelo Saviano and Kevin A. McCarthy

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/6-124.1 new
30 ILCS 805/8.27 new


Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides a new retirement annuity formula for persons who are required to withdraw from service with at least 10 but less than 20 years of service credit due to reaching mandatory retirement age; also makes them eligible for the automatic annual increase. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Pension Laws Commission)
 The fiscal impact of HB 387 has not been determined. According to the Fund, the fiscal impact is expected to be minor, as the number of members who are required to retire at age 63 with less than 20 years of service is small.

Actions 
DateChamber Action
  1/29/2003HouseFiled with the Clerk by Rep. Richard T. Bradley
  1/29/2003HouseChief Co-Sponsor Rep. Joseph M. Lyons
  1/29/2003HouseChief Co-Sponsor Rep. Ralph C. Capparelli
  1/29/2003HouseChief Co-Sponsor Rep. Robert S. Molaro
  1/29/2003HouseChief Co-Sponsor Rep. Daniel J. Burke
  1/29/2003HouseCo-Sponsor Rep. Edward J. Acevedo
  1/29/2003HouseCo-Sponsor Rep. Maria Antonia Berrios
  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
  2/20/2003HousePension Note Filed
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  4/1/2003HouseAdded Co-Sponsor Rep. Kevin A. McCarthy
  1/11/2005HouseSession Sine Die

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