BUGIELSKI-CAPPARELLI-BURKE-LOPEZ-MCAULIFFE AND SANTIAGO. 40 ILCS 5/5-136.2 new 30 ILCS 805/8.22 new Amends the Chicago Police Article of the Illinois Pension Code. Provides a compounded 3% annual increase in surviving spouse annuities. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Estimated increase in accrued liabilities for a non-compounded annual increase is $68.5 M. First year cost is $3.3 M, 0.5% of payroll. 98-01-27 H FILED WITH CLERK 98-01-27 H ADDED AS A JOINT SPONSOR CAPPARELLI 98-01-27 H ADDED AS A CO-SPONSOR BURKE 98-01-27 H ADDED AS A CO-SPONSOR LOPEZ 98-01-27 H ADDED AS A CO-SPONSOR MCAULIFFE 98-01-27 H ADDED AS A CO-SPONSOR SANTIAGO 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 98-03-11 H ASSIGNED TO COMMITTEE PERS PENSION 98-03-20 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary