Bill Status of HB 1006   94th General Assembly


Short Description:  PEN CD-CHGO POL-3% COMPOUNDED

House Sponsors
Rep. Kevin Joyce

Last Action  View All Actions

DateChamber Action
  1/9/2007HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/5-167.1from Ch. 108 1/2, par. 5-167.1
40 ILCS 5/5-167.2from Ch. 108 1/2, par. 5-167.2
30 ILCS 805/8.29 new

Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity. Also increases it to 3%, reduces the minimum age to 55, and removes the 30% maximum increase limitation for all annuitants. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/3/2005HouseFiled with the Clerk by Rep. Kevin Joyce
  2/3/2005HouseFirst Reading
  2/3/2005HouseReferred to Rules Committee
  2/8/2005HouseAssigned to Executive Committee
  3/10/2005HouseRule 19(a) / Re-referred to Rules Committee
  1/9/2007HouseSession Sine Die

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