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91_SB1021
LRB9106075EGfg
1 AN ACT to amend the Illinois Pension Code by changing
2 Section 3-111.1 and to amend the State Mandates Act.
3 Be it enacted by the People of the State of Illinois,
4 represented in the General Assembly:
5 Section 5. The Illinois Pension Code is amended by
6 changing Section 3-111.1 as follows:
7 (40 ILCS 5/3-111.1) (from Ch. 108 1/2, par. 3-111.1)
8 Sec. 3-111.1. Increase in pension.
9 (a) Except as provided in subsection (e), the monthly
10 pension of a police officer who retires after July 1, 1971,
11 and prior to January 1, 1986, shall be increased, upon either
12 the first of the month following the first anniversary of the
13 date of retirement if the officer is 60 years of age or over
14 at retirement date, or upon the first day of the month
15 following attainment of age 60 if it occurs after the first
16 anniversary of retirement, by 3% of the originally granted
17 pension and by an additional 3% of the originally granted
18 pension in January of each year thereafter.
19 (b) The monthly pension of a police officer who retired
20 from service with 20 or more years of service, on or before
21 July 1, 1971, shall be increased in January of the year
22 following the year of attaining age 65 or in January of 1972,
23 if then over age 65, by 3% of the originally granted pension
24 for each year the police officer received pension payments.
25 In each January thereafter, he or she shall receive an
26 additional increase of 3% of the original pension.
27 (c) The monthly pension of a police officer who retires
28 on disability or is retired for disability shall be increased
29 in January of the year following the year of attaining age
30 60, by 3% of the original grant of pension for each year he
31 or she received pension payments. In each January
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1 thereafter, the police officer shall receive an additional
2 increase of 3% of the original pension.
3 (d) The monthly pension of a police officer who retires
4 after January 1, 1986, shall be increased, upon either the
5 first of the month following the first anniversary of the
6 date of retirement if the officer is 55 years of age or over
7 at the retirement date, or upon the first day of the month
8 following attainment of age 55 if it occurs after the first
9 anniversary of retirement, by 3% of the originally granted
10 pension for each full year that has elapsed since the pension
11 began, and by an additional 3% of the originally granted
12 pension in January of each year thereafter.
13 (e) Notwithstanding the provisions of subsection (a),
14 upon the first day of the month following (1) the first
15 anniversary of the date of retirement, or (2) the attainment
16 of age 55, or (3) July 1, 1987, whichever occurs latest, the
17 monthly pension of a police officer who retired on or after
18 January 1, 1977 and on or before January 1, 1986, and did not
19 receive an increase under subsection (a) before July 1, 1987,
20 shall be increased by 3% of the originally granted monthly
21 pension for each full year that has elapsed since the pension
22 began, and by an additional 3% of the originally granted
23 pension in each January thereafter. The increases provided
24 under this subsection are in lieu of the increases provided
25 in subsection (a).
26 (f) Notwithstanding the other provisions of this
27 Section, beginning with increases granted on or after July 1,
28 1993, the second and all subsequent automatic annual
29 increases granted under subsection (a), (b), (d), or (e) of
30 this Section shall be calculated as 3% of the amount of
31 pension payable at the time of the increase, including any
32 increases previously granted under this Section, rather than
33 3% of the originally granted pension amount.
34 Notwithstanding the other provisions of this Section,
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1 beginning with increases granted on or after July 1, 1999,
2 the second and all subsequent automatic annual increases
3 granted under subsection (c) of this Section shall be
4 calculated as 3% of the amount of pension payable at the time
5 of the increase, including any increases previously granted
6 under this Section, rather than 3% of the originally granted
7 pension amount.
8 Section 1-103.1 does not apply to this subsection (f).
9 (Source: P.A. 87-1265.)
10 Section 90. The State Mandates Act is amended by adding
11 Section 8.23 as follows:
12 (30 ILCS 805/8.23 new)
13 Sec. 8.23. Exempt mandate. Notwithstanding Sections 6
14 and 8 of this Act, no reimbursement by the State is required
15 for the implementation of any mandate created by this
16 amendatory Act of the 91st General Assembly.
17 Section 99. Effective date. This Act takes effect upon
18 becoming law.