Illinois General Assembly - Bill Status for SB1741
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 Bill Status of SB1741  96th General Assembly


Short Description:  PEN CD-CHGO POL-INCR RETMT-80%

Senate Sponsors
Sen. James A. DeLeo

Last Action
DateChamber Action
  1/12/2011SenateSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/5-132from Ch. 108 1/2, par. 5-132
40 ILCS 5/5-148from Ch. 108 1/2, par. 5-148
30 ILCS 805/8.33 new


Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code to provide an increase in the retirement benefit formula. Changes the maximum annuity from 75% to 80% of average salary. Provides for 2.5% (rather than 2%) of average salary for each year of service beyond 20. Applies to persons withdrawing from service after the effective date. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/19/2009SenateFiled with Secretary by Sen. James A. DeLeo
  2/19/2009SenateFirst Reading
  2/19/2009SenateReferred to Assignments
  3/4/2009SenateAssigned to Pensions and Investments
  3/13/2009SenateRule 3-9(a) / Re-referred to Assignments
  1/12/2011SenateSession Sine Die

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