LOPEZ-BUGIELSKI-CAPPARELLI-BURKE-MCAULIFFE, SAVIANO AND ACEVEDO. 40 ILCS 5/6-111 from Ch. 108 1/2, par. 6-111 30 ILCS 805/8.24 new Amends the Chicago Firefighter Article of the Pension Code. Changes the definition of salary to include duty availability pay. Allows certain persons to have their salary for pension purposes retroactively adjusted to include duty availability pay previously received, upon payment of the corresponding employee contributions, without interest. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) HB 3170 would increase the accrued liability of the Chicago Firefighters' Fund by an estimated $10.2 million. The level dollar annual payment needed to amortize the estimated increase in unfunded liability over 40 years is $0.9 million. The esti- mated annual increase in normal cost is $2.3 million, or 0.87% of payroll. Therefore, the estimated increase in total annual cost is $3.2 million, or 1.22% of payroll. Although there will be a fiscal impact in allowing certain members to make contributions for past duty availability pay and have their annuity recalculated, this impact has not been deter- mined. 00-01-13 H FIRST READING 00-01-13 H ADDED AS A JOINT SPONSOR BUGIELSKI 00-01-13 H ADDED AS A JOINT SPONSOR CAPPARELLI 00-01-13 H ADDED AS A JOINT SPONSOR BURKE 00-01-13 H ADDED AS A JOINT SPONSOR MCAULIFFE 00-01-13 H ADDED AS A CO-SPONSOR LYONS,EILEEN 00-01-13 H ADDED AS A CO-SPONSOR SAVIANO 00-01-13 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-01-25 H ADDED AS A CO-SPONSOR ACEVEDO 00-02-28 H PENSION NOTE FILED 00-02-28 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary