Bill Status of HB 7270   93rd General Assembly

Short Description:  PEN CD-CHGO FIRE-ANNUAL INCR

House Sponsors
Rep. Ralph C. Capparelli-Joseph M. Lyons-Richard T. Bradley

Last Action  View All Actions

DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/6-164from Ch. 108 1/2, par. 6-164
30 ILCS 805/8.28 new

Synopsis As Introduced
Amends the Chicago Firefighter Article of the Illinois Pension Code. Increases the required employee contribution by 0.5% of salary. Compounds the 3% automatic annual increase in retirement annuity for members who have paid the increased contribution for at least one year. Allows certain persons no longer in service to elect to pay an additional contribution and thereby qualify for the compounding. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions 
DateChamber Action
  2/25/2004HouseFiled with the Clerk by Rep. Ralph C. Capparelli
  2/25/2004HouseChief Co-Sponsor Rep. Joseph M. Lyons
  2/25/2004HouseChief Co-Sponsor Rep. Richard T. Bradley
  2/25/2004HouseFirst Reading
  2/25/2004HouseReferred to Rules Committee
  1/11/2005HouseSession Sine Die

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