ACEVEDO-MENDOZA-FRITCHEY. 40 ILCS 5/5-129.1 new 30 ILCS 805/8.25 new Amends the Chicago Police Article of the Illinois Pension Code to provide a new retirement benefit formula for persons who are required to withdraw from service with less than 20 years of service due to reaching mandatory retirement age. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of HB 1880 has not been calculated, but is estimated to be relatively minor. FEB-16-2001 H FILED WITH CLERK FEB-16-2001 H ADDED AS A JOINT SPONSOR MENDOZA FEB-16-2001 H ADDED AS A JOINT SPONSOR FRITCHEY 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 MAR-30-2001 H PENSION NOTE FILED MAR-30-2001 H COMMITTEE RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary