CAPPARELLI-BUGIELSKI-LYONS,JOSEPH-BRADLEY- MCAULIFFE AND SAVIANO. 40 ILCS 5/6-124.1 new 30 ILCS 805/8.25 new Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides a new retirement annuity formula for persons who are required to withdraw from service with at least 10 but less than 20 years of service credit due to reaching mandatory retirement age; also makes them eligible for the automatic annual increase. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of HB 1872 has not been determined. According to the Fund, the fiscal impact is expected to be minor, as the number of members who are required to retire at age 63 with less than 20 years of service is small. FEB-16-2001 H FILED WITH CLERK FEB-16-2001 H ADDED AS A JOINT SPONSOR BUGIELSKI FEB-16-2001 H ADDED AS A JOINT SPONSOR LYONS,JOSEPH FEB-16-2001 H ADDED AS A JOINT SPONSOR BRADLEY FEB-16-2001 H ADDED AS A JOINT SPONSOR BURKE FEB-16-2001 H ADDED AS A CO-SPONSOR MCAULIFFE FEB-16-2001 H ADDED AS A CO-SPONSOR SAVIANO FEB-16-2001 H FIRST READING FEB-16-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-21-2001 H ASSIGNED TO COMMITTEE PERS PENSION MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL OCT-31-2001 H PENSION NOTE FILED OCT-31-2001 H COMMITTEE RULES FEB-13-2002 H ASSIGNED TO COMMITTEE LABOR FEB-22-2002 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary