Illinois General Assembly - Bill Status for SB2142
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 Bill Status of SB2142  99th General Assembly


Short Description:  PENCD-CHI POLICE&FIRE-INCREASE

Senate Sponsors
Sen. John J. Cullerton

Last Action
DateChamber Action
  1/10/2017SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/5-167.1from Ch. 108 1/2, par. 5-167.1
40 ILCS 5/6-164from Ch. 108 1/2, par. 6-164
30 ILCS 805/8.39 new


Synopsis As Introduced
Amends the Chicago Police and Chicago Firefighter Articles of the Illinois Pension Code. Provides that any policeman or fireman born after December 31, 1954 but before January 1, 1970 shall be entitled to receive a 3% automatic annual increase to the originally granted annuity. Provides that the automatic annual increase is not subject to the 30% maximum increase. Provides that the initial increase shall be in an amount equal to 3% for each year following the date of retirement or attainment of age 55, whichever occurs later. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  5/30/2015SenateFiled with Secretary by Sen. John J. Cullerton
  5/30/2015SenateFirst Reading
  5/30/2015SenateReferred to Assignments
  1/10/2017SenateSession Sine Die

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