Bill Status of SB 2067   95th General Assembly

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

Senate Sponsors
Sen. James A. DeLeo

Last Action  View All Actions

DateChamber Action
  1/13/2009SenateSession 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 805/8.32 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% and reduces the minimum age to 55. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/14/2008SenateFiled with Secretary by Sen. James A. DeLeo
  2/14/2008SenateFirst Reading
  2/14/2008SenateReferred to Rules
  3/5/2008SenateAssigned to Pensions and Investments
  3/12/2008SenateTo Subcommittee
  3/14/2008SenateRule 3-9(a) / Re-referred to Rules
  1/13/2009SenateSession Sine Die

Back To Top