MCKEON. 40 ILCS 5/8-137 from Ch. 108 1/2, par. 8-137 40 ILCS 5/8-137.1 from Ch. 108 1/2, par. 8-137.1 40 ILCS 5/8-138 from Ch. 108 1/2, par. 8-138 40 ILCS 5/8-168 from Ch. 108 1/2, par. 8-168 40 ILCS 5/8-244.1 from Ch. 108 1/2, par. 8-244.1 30 ILCS 805/8.22 new Amends the Chicago Municipal Article of the Pension Code to compound the 3% automatic annual increase in retirement pension. Provides a minimum retirement annuity for persons retiring with at least 5 years of service. Authorizes withholding of labor organization dues from annuities, and grants labor organizations access to a mailing list of the Fund's annuitants. Also makes technical changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Estimated increase in total annual cost is $35.0 million, 3.25% of payroll; annual cost will increase as payroll grows. 98-02-10 H FIRST READING 98-02-10 H REFERRED TO HOUSE RULES COMMITTEE RULES 98-05-11 H PENSION NOTE FILED 98-05-11 H COMMITTEE RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary