BUGIELSKI-CAPPARELLI-LYONS,JOSEPH-SANTIAGO, LOPEZ BURKE. 40 ILCS 5/5-132 from Ch. 108 1/2, par. 5-132 30 ILCS 805/8.21 new Amends the Chicago Police Article of the Pension Code to base retirement benefits on the highest 36 months, rather than 4 years, of salary within the last 10 years of service, for persons retiring after December 31, 1997. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION IMPACT NOTE Increase in accrued liability $43.4M Increase in total annual cost $ 4.9M Increase in total annual cost as a % of payroll 0.79% 97-01-29 H FIRST READING 97-01-29 H ADDED AS A JOINT SPONSOR CAPPARELLI 97-01-29 H ADDED AS A CO-SPONSOR LYONS,JOSEPH 97-01-29 H ADDED AS A CO-SPONSOR KOTLARZ 97-01-29 H ADDED AS A CO-SPONSOR SANTIAGO 97-01-29 H ADDED AS A CO-SPONSOR LOPEZ 97-01-29 H ADDED AS A CO-SPONSOR BURKE 97-01-29 H REFERRED TO HOUSE RULES COMMITTEE RULES 97-02-05 H ASSIGNED TO COMMITTEE PERS PENSION 97-03-03 H PENSION NOTE FILED 97-03-03 H COMMITTEE PERS PENSION 97-03-21 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary