CAPPARELLI-MCAULIFFE-BUGIELSKI-LYONS,JOSEPH-BURKE AND BRADLEY.
PEN CD-CHGO FIRE-AVE SALARY
Synopsis of Bill as introduced:
Amends the Chicago Firefighter Article of the Pension Code to
base retirement benefits on the highest 36 months, rather than 4
years, of salary within the last 10 years of service, for persons
retiring after December 31, 1998. Amends the State Mandates Act to
require implementation without reimbursement. Effective immediately.
Estimated increase in total annual cost is $1.7 million, 0.74%
of payroll; annual cost will increase as payroll grows.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status