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| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018 HB4812 Introduced , by Rep. Michael J. Zalewski SYNOPSIS AS INTRODUCED: |
| 40 ILCS 5/4-109 | from Ch. 108 1/2, par. 4-109 | 30 ILCS 805/8.42 new | |
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Amends the Downstate Firefighter Article of the Illinois Pension Code. Provides that the final average salary of a person who first becomes a firefighter under the Article on or after January 1, 2011 shall be the greater of (1) the average monthly salary obtained by dividing the total salary of the firefighter during the 96 consecutive months of service within the last 120 months of service in which the total salary was the highest by the number of months of service in that period, or (2) the average monthly salary obtained by dividing the total salary of the firefighter during the 48 consecutive months of service within the last 60 months of service in which the total salary was the highest by the number of months of service in that period (currently, the final average salary is the average monthly salary obtained by dividing the total salary of the firefighter during the 96 consecutive months of service within the last 120 months of service in which the total salary was the highest by the number of months of service in that period). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
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| | FISCAL NOTE ACT MAY APPLY | PENSION IMPACT NOTE ACT MAY APPLY | STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT |
| | A BILL FOR |
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| | HB4812 | | LRB100 18794 MJP 34033 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by changing |
5 | | Section 4-109 as follows:
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6 | | (40 ILCS 5/4-109) (from Ch. 108 1/2, par. 4-109)
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7 | | Sec. 4-109. Pension.
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8 | | (a) A firefighter age 50 or more with 20 or more years of |
9 | | creditable
service, who is no longer in service as a |
10 | | firefighter, shall receive a monthly
pension of 1/2 the monthly |
11 | | salary attached to the rank held by him or her in
the fire |
12 | | service at the date of retirement.
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13 | | The monthly pension shall be increased by 1/12 of 2.5% of |
14 | | such
monthly salary for each additional month over 20 years of |
15 | | service through 30
years of service, to a maximum of 75% of |
16 | | such monthly salary.
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17 | | The changes made to this subsection (a) by this amendatory |
18 | | Act of the
91st General Assembly apply to all pensions that |
19 | | become payable under this
subsection on or after January 1, |
20 | | 1999. All pensions payable under this
subsection that began on |
21 | | or after January 1, 1999 and before the effective date
of this |
22 | | amendatory Act shall be recalculated, and the amount of the |
23 | | increase
accruing for that period shall be payable to the |