92nd General Assembly
Summary of HB2691
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House Sponsors:

Senate Sponsors:

Short description: 

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

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   1     SENATE -   0


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