Bill Status of SB 366   94th General Assembly


Short Description:  PEN CD-CHIC POLICE-ANNUITY INC

Senate Sponsors
Sen. James A. DeLeo

Last Action  View All Actions

DateChamber Action
  1/9/2007SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/5-167.2from Ch. 108 1/2, par. 5-167.2
40 ILCS 5/5-167.4from Ch. 108 1/2, par. 5-167.4
30 ILCS 805/8.29 new

Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Increases the minimum monthly annuity payment to $1,250 for any policeman who retired from the service before January 1, 2006, at age 50 or over with 20 or more years of service, and for any policeman who retired from service due to termination of disability and who is entitled to an annuity on January 1, 2006. Increases the minimum amount of a widow's annuity to $1,200 per month. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Commission on Gov't Forecasting and Accountability)
 The fiscal impact of Senate Bill 366 has not been calculated, but would be substantial.

Actions 
DateChamber Action
  2/15/2005SenateFiled with Secretary by Sen. James A. DeLeo
  2/15/2005SenateFirst Reading
  2/15/2005SenateReferred to Rules
  2/17/2005SenateAssigned to Pensions & Investments
  3/2/2005SenatePostponed - Pensions & Investments
  3/9/2005SenatePostponed - Pensions & Investments
  3/11/2005SenatePension Note Filed from the Commission on Government Forecasting and Accountability.
  3/16/2005SenatePostponed - Pensions & Investments
  3/18/2005SenateRule 3-9(a) / Re-referred to Rules
  1/9/2007SenateSession Sine Die

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