House Sponsors: CAPPARELLI. Short description: PEN CD-CHGO FIRE-ANNUAL INCR Synopsis of Bill as introduced: Amends the Chicago Firefighter Article of the Pension Code to extend the 3% annual increase to all persons who retire after December 31, 1997, beginning at age 55. Compounds the annual increase for all retirement annuitants beginning at age 65. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION IMPACT NOTE The fiscal impact of HB 770 has not been determined, but is ex- pected to be substantial. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status