90th General Assembly
Status of HB2596
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 Full Text  Bill Summary

   40 ILCS 5/5-132           from Ch. 108 1/2, par. 5-132                      
   30 ILCS 805/8.22 new                                                        

        Amends the Chicago Police Article of the Pension  Code.    Allows      
   retirement  at  any  age  with  25 years of service.  Amends the State      
   Mandates  Act  to  require   implementation   without   reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE                                                         
          Estimated increase in accrued liability is $36.7 M; in annual        
          cost is $2.4 M, $0.38% of payroll. Annual cost will increase         
          commensurate with payroll.                                           
   98-01-27  H  FILED WITH CLERK                                               
   98-01-27  H  ADDED AS A JOINT SPONSOR                 SAVIANO               
   98-01-27  H  ADDED AS A CO-SPONSOR                    CAPPARELLI            
   98-01-27  H  ADDED AS A CO-SPONSOR                    BUGIELSKI             
   98-01-27  H  ADDED AS A CO-SPONSOR                    BURKE                 
   98-01-27  H  ADDED AS A CO-SPONSOR                    LOPEZ                 
   98-01-27  H  FIRST READING                                                  
   98-01-27  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-03-03  H                        PENSION NOTE FILED                       
   98-03-03  H                   COMMITTEE               RULES                 
   99-01-12  H  SESSION SINE DIE                                               


 Full Text  Bill Summary