LYONS,JOSEPH AND BRADLEY.
PEN CD-CHGO POL-25 YRS ANY AGE
Synopsis of Bill as introduced:
Amends the Chicago Police Article of the Illinois Pension Code.
Allows retirement at any age with 25 years of service. Amends the
State Mandates Act to require implementation without reimbursement.
PENSION NOTE (Pension Laws Commission)
Estimated annual cost is $2.4 million (0.38% of payroll).
PENSION NOTE, REVISED (Pension Laws Commission)
Estimated reduction in annual cost the first year is $0.8
million (0.12% of payroll).
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status