MCAULIFFE-SAVIANO-CAPPARELLI-BUGIELSKI-BURKE AND LOPEZ.
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.
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
END OF INQUIRY
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