Bill Status of SB 2623   94th General Assembly


Short Description:  PEN CD-CHIC POLICE-ANNUITY INC

Senate Sponsors
Sen. James A. DeLeo

Last Action  View All Actions

DateChamber Action
  1/20/2006SenateReferred to Rules

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 805/8.30 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, 2007, 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, 2007. 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.

Actions 
DateChamber Action
  1/20/2006SenateFiled with Secretary by Sen. James A. DeLeo
  1/20/2006SenateFirst Reading
  1/20/2006SenateReferred to Rules

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