[ Search ] [ Legislation ] [ Bill Summary ]
[ Home ] [ Back ] [ Bottom ]
90_HB0836 40 ILCS 5/3-111 from Ch. 108 1/2, par. 3-111 40 ILCS 5/3-111.1 from Ch. 108 1/2, par. 3-111.1 40 ILCS 5/3-112.1 new 30 ILCS 805/8.21 new Amends the Downstate Police Article of the Pension Code to provide a noncompounded 3% annual increase in survivor pensions. Bases the calculation of retirement pensions and the initial automatic annual increase in retirement pension on the number of months (rather than full years) of creditable service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. LRB9002619EGfg LRB9002619EGfg 1 AN ACT to amend the Illinois Pension Code by changing 2 Sections 3-111 and 3-111.1 and adding Section 3-112.1 and to 3 amend the State Mandates Act. 4 Be it enacted by the People of the State of Illinois, 5 represented in the General Assembly: 6 Section 5. The Illinois Pension Code is amended by 7 changing Sections 3-111 and 3-111.1 and adding Section 8 3-112.1 as follows: 9 (40 ILCS 5/3-111) (from Ch. 108 1/2, par. 3-111) 10 Sec. 3-111. Pension. 11 (a) A police officer age 50 or more with 20 or more years 12 of creditable service, who is no longer in service as a 13 police officer, shall receive a pension of 1/2 of the salary 14 attached to the rank held by the officer on the police force 15 for one year immediately prior to retirement or, beginning 16 July 1, 1987 for persons terminating service on or after that 17 date, the salary attached to the rank held on the last day of 18 service or for one year prior to the last day, whichever is 19 greater. The pension shall be increased by 1/12th of 2% of 20 such salary for each additional monthyearof service over 20 21 years, up to 30 years, and by 1/12th of 1% of such salary for 22 each additional monthyearof service over 30 years, to a 23 maximum of 75% of such salary. No pension in effect on or 24 granted after June 30, l973 shall be less than $200 per 25 month. Beginning July 1, 1987, the minimum retirement 26 pension for a police officer having at least 20 years of 27 creditable service shall be $400 per month, without regard to 28 whether or not retirement occurred prior to that date. 29 (b) A police officer mandatorily retired from service 30 due to age by operation of law, having at least 8 but less 31 than 20 years of creditable service, shall receive a pension -2- LRB9002619EGfg 1 equal to 1/12th of 2.5%2 1/2%of the salary attached to the 2 rank he or she held on the police force for one year 3 immediately prior to retirement or, beginning July 1, 1987 4 for persons terminating service on or after that date, the 5 salary attached to the rank held on the last day of service 6 or for one year prior to the last day, whichever is greater, 7 for each monthyearof creditable service. 8 A police officer who retires or is separated from service 9 having at least 8 years but less than 20 years of creditable 10 service, who is not mandatorily retired due to age by 11 operation of law, and who does not apply for a refund of 12 contributions at his or her last separation from police 13 service, shall receive a pension upon attaining age 60 equal 14 to 1/12th of 2.5% of the salary attached to the rank held by 15 the police officer on the police force for one year 16 immediately prior to retirement or, beginning July 1, 1987 17 for persons terminating service on or after that date, the 18 salary attached to the rank held on the last day of service 19 or for one year prior to the last day, whichever is greater, 20 for each monthyearof creditable service. 21 (Source: P.A. 85-941.) 22 (40 ILCS 5/3-111.1) (from Ch. 108 1/2, par. 3-111.1) 23 Sec. 3-111.1. Increase in pension. 24 (a) Except as provided in subsection (e), the monthly 25 pension of a police officer who retires after July 1, 1971, 26 and prior to January 1, 1986, shall be increased, upon either 27 the first of the month following the first anniversary of the 28 date of retirement if the officer is 60 years of age or over 29 at retirement date, or upon the first day of the month 30 following attainment of age 60 if it occurs after the first 31 anniversary of retirement, by 3% of the originally granted 32 pension and by an additional 3% of the originally granted 33 pension in January of each year thereafter. -3- LRB9002619EGfg 1 (b) The monthly pension of a police officer who retired 2 from service with 20 or more years of service, on or before 3 July 1, 1971, shall be increased in January of the year 4 following the year of attaining age 65 or in January of 1972, 5 if then over age 65, by 3% of the originally granted pension 6 for each year the police officer received pension payments. 7 In each January thereafter, he or she shall receive an 8 additional increase of 3% of the original pension. 9 (c) The monthly pension of a police officer who retires 10 on disability or is retired for disability shall be increased 11 in January of the year following the year of attaining age 12 60, by 0.25%3%of the original grant of pension for each 13 monthyearhe or she received pension payments. In each 14 January thereafter, the police officer shall receive an 15 additional increase of 3% of the original pension. 16 (d) The monthly pension of a police officer who retires 17 after January 1, 1986, shall be increased, upon either the 18 first of the month following the first anniversary of the 19 date of retirement if the officer is 55 years of age or over 20 at the retirement date, or upon the first day of the month 21 following attainment of age 55 if it occurs after the first 22 anniversary of retirement, by 0.25%3%of the originally 23 granted pension for each full monthyearthat has elapsed 24 since the pension began, and by an additional 3% of the 25 originally granted pension in January of each year 26 thereafter. 27 (e) Notwithstanding the provisions of subsection (a), 28 upon the first day of the month following (1) the first 29 anniversary of the date of retirement, or (2) the attainment 30 of age 55, or (3) July 1, 1987, whichever occurs latest, the 31 monthly pension of a police officer who retired on or after 32 January 1, 1977 and on or before January 1, 1986, and did not 33 receive an increase under subsection (a) before July 1, 1987, 34 shall be increased by 0.25%3%of the originally granted -4- LRB9002619EGfg 1 monthly pension for each full monthyearthat has elapsed 2 since the pension began, and by an additional 3% of the 3 originally granted pension in each January thereafter. The 4 increases provided under this subsection are in lieu of the 5 increases provided in subsection (a). 6 (f) Notwithstanding the other provisions of this 7 Section, beginning with increases granted on or after July 1, 8 1993, the second and all subsequent automatic annual 9 increases granted under subsection (a), (b), (d), or (e) of 10 this Section shall be calculated as 3% of the amount of 11 pension payable at the time of the increase, including any 12 increases previously granted under this Section, rather than 13 3% of the originally granted pension amount. Section 1-103.1 14 does not apply to this subsection (f). 15 (Source: P.A. 87-1265.) 16 (40 ILCS 5/3-112.1 new) 17 Sec. 3-112.1. Automatic annual increase in pension to 18 survivors. Beginning January 1, 1998, every pension payable 19 to the survivor of a deceased police officer shall be 20 increased on each January 1 occurring on or after the first 21 anniversary of the commencement of the pension, by an amount 22 equal to 3% of the originally granted pension, without regard 23 to whether the deceased police officer was in service on or 24 after the effective date of this amendatory Act of 1997. 25 Section 90. The State Mandates Act is amended by adding 26 Section 8.21 as follows: 27 (30 ILCS 805/8.21 new) 28 Sec. 8.21. Exempt mandate. Notwithstanding Sections 6 29 and 8 of this Act, no reimbursement by the State is required 30 for the implementation of any mandate created by this 31 amendatory Act of 1997. -5- LRB9002619EGfg 1 Section 99. Effective date. This Act takes effect upon 2 becoming law.