Date	Chamber	Action
1/8/2013	Senate	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/9-169

from Ch. 108 1/2, par. 9-169

40 ILCS 5/10-107

from Ch. 108 1/2, par. 10-107

30 ILCS 805/8.35 new

Synopsis As Introduced
Amends the Cook County and Cook County Forest Preserve Articles of the Illinois Pension Code. Provides that the multiplier for the years 2013 through 2015 is 2.25 and for the years 2016 through 2019 is 3.00. Provides that, beginning with the year 2020 and each year thereafter, the county and forest preserve district shall levy a tax annually upon all taxable property within the district at a rate that will produce a sum that, when added to the amounts deducted from the salaries of the employees or otherwise contributed by them and revenues from other sources, will equal a sum sufficient to meet the annual actuarial requirements of the pension fund as determined by a qualified actuary retained by the pension fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 

Date	Chamber	Action
2/9/2011	Senate	Filed with Secretary by Sen. Mike Jacobs
2/9/2011	Senate	First Reading
2/9/2011	Senate	Referred to Assignments
2/23/2011	Senate	Assigned to Pensions and Investments
3/3/2011	Senate	Postponed - Pensions and Investments
3/10/2011	Senate	Postponed - Pensions and Investments
3/17/2011	Senate	Postponed - Pensions and Investments
3/18/2011	Senate	Rule 3-9(a) / Re-referred to Assignments
1/8/2013	Senate	Session Sine Die

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