Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/11-134.1

from Ch. 108 1/2, par. 11-134.1

40 ILCS 5/11-169

from Ch. 108 1/2, par. 11-169

30 ILCS 805/8.31 new

Synopsis As Introduced
Amends the Chicago Laborers Article of the Illinois Pension Code. Provides that the annual annuity increase for a person first employed under the Article on or after the effective date shall be at a rate of 3% of the original fixed annuity (instead of 3% of the current payable monthly annuity). Provides that the city council of the city shall levy a tax annually upon all taxable property in the city at a rate that will produce a sum that will be sufficient to bring the total assets of the Laborers' and Retirement Board Employees' Annuity and Benefit Fund up to 90% of the total actuarial liabilities of the Fund by the end of fiscal year 2016 (instead of a sum that will be sufficient for the requirements of the Article, with a maximum provided). Amends the State Mandates Act to require implementation without reimbursement.

Actions 

Date	Chamber	Action
2/22/2007	House	Filed with the Clerk by Rep. Robert S. Molaro
2/22/2007	House	First Reading
2/22/2007	House	Referred to Rules Committee
2/27/2007	House	Assigned to Executive Committee
3/23/2007	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2009	House	Session Sine Die

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