Illinois General Assembly - Bill Status for HB4817
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 Bill Status of HB4817  95th General Assembly

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

House Sponsors
Rep. Michael P. McAuliffe - Joseph M. Lyons and Kevin Joyce

Last Action
DateChamber Action
  1/13/2009HouseSession 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.

DateChamber Action
  2/7/2008HouseFiled with the Clerk by Rep. Michael P. McAuliffe
  2/7/2008HouseAdded Co-Sponsor Rep. Kevin Joyce
  2/8/2008HouseFirst Reading
  2/8/2008HouseReferred to Rules Committee
  3/11/2008HouseAdded Chief Co-Sponsor Rep. Joseph M. Lyons
  1/13/2009HouseSession Sine Die

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