90th General Assembly
Summary of SB1849
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Senate Sponsors:

Short description: 
PENCD-CHGO FIRE-DISABILITY ETC                                             

Synopsis of Bill as introduced:
        Amends the General Provisions Article  of  the  Illinois  Pension      
   Code.   Requires  every retirement system to provide to its members an      
   annual statement of benefits and contributions and an  explanation  of      
   the  system's  unfunded  liabilities  and  funding ratio.  Establishes      
   certain procedural requirements for denial of a benefit claim.  Amends      
   the Chicago Firefighter Article.   Increases  the  death  benefit  for      
   firemen  dying  before  retirement  but  after  attainment  of age 50.      
   Eliminates  the  residency  requirement  for  persons  on  disability.      
   Recognizes marriages entered into while on disability.   Provides  for      
   ordinary  disability  benefits during the first 30 days of disability,      
   terminates  the  automatic  deduction  of  contributions  from   those      
   benefits,  and  changes  provisions  relating  to  service  credit for      
   periods of disability.  Allows payment of  disability  benefits  until      
   age  70 1/2.  Changes the vote requirement for board action on benefit      
   applications.  Amends the State Mandates Act to require implementation      
   without reimbursement.  Effective immediately.                              
          PENSION NOTE                                                         
          Fiscal impact cannot be calculated; administrative costs may         
          increase by an undetermined amount.                                  
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

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


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