CAPPARELLI-LYONS,JOSEPH-BURKE-ACEVEDO-BUGIELSKI, MCAULIFFE AND NOVAK. 40 ILCS 5/5-136.2 new 30 ILCS 805/8.23 new Amends the Chicago Police Article of the Illinois Pension Code. Provides a compounded 3% annual increase in surviving spouse annuities. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Estimated 1st year cost of granting a non-compounded annual increase is $3.3 million (0.5% of payroll). PENSION NOTE, REVISED (Pension Laws Commission) Estimated 1st year cost is $6.7 million (0.91% of payroll). 99-01-14 H FIRST READING 99-01-14 H ADDED AS A JOINT SPONSOR LYONS,JOSEPH 99-01-14 H ADDED AS A CO-SPONSOR BURKE 99-01-14 H ADDED AS A CO-SPONSOR ACEVEDO 99-01-14 H ADDED AS A CO-SPONSOR BUGIELSKI 99-01-14 H ADDED AS A CO-SPONSOR BRADLEY 99-01-14 H ADDED AS A CO-SPONSOR MCAULIFFE 99-01-14 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-27 H ASSIGNED TO COMMITTEE PERS PENSION 99-02-25 H ADDED AS A CO-SPONSOR NOVAK 99-03-05 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL 99-03-09 H PENSION NOTE FILED 99-03-09 H COMMITTEE RULES 99-09-08 H PENSION NOTE FILED REVISED 99-09-08 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary