MURPHY AND LYONS,JOSEPH.
Synopsis of Bill as introduced:
Amends the Illinois Pension Code. Makes a technical change in a
Section concerning Chicago police.
PENSION NOTE (Pension Laws Commission)
House Bill 2691 has no fiscal impact.
PENSION NOTE, H-AM 1 (Pension Laws Commission)
The fiscal impact of HB 2691, with H-am 1, has not been calcu-
lated, but is estimated to be minor, as the number of members
and widows who would be affected is relatively small.
HOUSE AMENDMENT NO. 1.
Deletes reference to:
40 ILCS 5/5-101
Adds reference to:
40 ILCS 5/5-129.1 new
40 ILCS 5/5-144
30 ILCS 805/8.26 new
Amends the Chicago Police Article of the Illinois Pension Code.
Increases the supplemental annuity payable to widows of policemen who
die from an injury incurred in the line of duty. Provides a new
retirement benefit formula for persons who are required to withdraw
from service with less than 20 years of service due to reaching
mandatory retirement age. Amends the State Mandates Act to require
implementation without reimbursement. Effective immediately.
Last action on Bill: SESSION SINE DIE
Last action date: JAN-07-2003
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 0
END OF INQUIRY
Full Text Bill Status