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

Statutes Amended In Order of Appearance

40 ILCS 5/12-135.3

from Ch. 108 1/2, par. 12-135.3

40 ILCS 5/12-149

from Ch. 108 1/2, par. 12-149

30 ILCS 805/8.31 new

Synopsis As Introduced
Amends the Chicago Park District Article of the Illinois Pension Code. Provides that the surviving spouse's annuity for a surviving spouse of a person first employed under the Article on or after the effective date shall be subject to an annual increase at a rate of 3% of the original fixed annuity (instead of 3% of the amount of annuity then payable). Provides that the board of park commissioners of any such park district shall levy a tax annually upon all taxable property in the district at a rate that will produce a sum that will be sufficient to bring the total assets of the Park Employees' 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 purposes 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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