Bill Status of SB1631  103rd General Assembly

Short Description:  PEN CD-CHI POL-ANNUAL INCREASE

Senate Sponsors
Sen. Robert F. Martwick - Bill Cunningham - Mike Porfirio

Last Action
DateChamber Action
  2/8/2023SenateReferred to Assignments

Statutes Amended In Order of Appearance
40 ILCS 5/5-167.1from Ch. 108 1/2, par. 5-167.1
30 ILCS 805/8.47 new


Synopsis As Introduced
Amends the Chicago Police Article of the Illinois Pension Code. Removes a birthdate restriction on eligibility at age 55 for a 3% automatic annual increase in retirement annuity that is not subject to a maximum increase of 30%. Makes a related change. Specifies the timing of an initial increase in retirement annuity for persons who have not received the initial increase before January 1, 2023. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/8/2023SenateFiled with Secretary by Sen. Robert F. Martwick
  2/8/2023SenateFirst Reading
  2/8/2023SenateReferred to Assignments
  2/15/2023SenateAdded as Chief Co-Sponsor Sen. Bill Cunningham
  2/15/2023SenateAdded as Chief Co-Sponsor Sen. Mike Porfirio