90th General Assembly
Summary of HB0122
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House Sponsors:

Short description: 
PEN CD-CHGO FIRE-INCR RETMT                                                

Synopsis of Bill as introduced:
        Amends the Chicago Firefighter Article of  the  Pension  Code  to      
   increase the minimum retirement annuity to $1000 per month for certain      
   annuitants.   Amends  the State Mandates Act to require implementation      
   without reimbursement.  Effective immediately.                              
          PENSION NOTE                                                         
           Increase in accrued liability                          $15.3 M      
           Increase in total annual cost                          $ 2.3 M      
           Increase in total annual cost as % of payroll             1.0%      
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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