BUGIELSKI-LYONS,JOSEPH-CAPPARELLI-BURKE- MCAULIFFE AND ACEVEDO. 40 ILCS 5/5-132 from Ch. 108 1/2, par. 5-132 30 ILCS 805/8.23 new Amends the Chicago Police Article of the Illinois Pension Code to base retirement benefits on the highest 12 months, rather than 4 years, of salary within the last 10 years of service, for persons retiring after December 31, 1999. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Estimated 1st year cost is $1.7 million (1.79% of payroll). PENSION NOTE, REVISED (Pension Laws Commission) Estimated 1st year cost is $14.1 million (1.92% 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 CAPPARELLI 99-01-14 H ADDED AS A CO-SPONSOR BURKE 99-01-14 H ADDED AS A CO-SPONSOR BRADLEY 99-01-14 H ADDED AS A CO-SPONSOR MCAULIFFE 99-01-14 H ADDED AS A CO-SPONSOR ACEVEDO 99-01-14 H REFERRED TO HOUSE RULES COMMITTEE RULES 99-01-27 H ASSIGNED TO COMMITTEE PERS PENSION 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