90th General Assembly
Summary of HB2834
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House Sponsors:
CAPPARELLI-MCAULIFFE-BUGIELSKI-LYONS,JOSEPH-BURKE AND BRADLEY.

Short description: 
PEN CD-CHGO FIRE-AVE SALARY                                                

Synopsis of Bill as introduced:
        Amends the Chicago Firefighter Article of  the  Pension  Code  to      
   base  retirement  benefits  on  the  highest  36 months, rather than 4      
   years, of salary within the last 10  years  of  service,  for  persons      
   retiring  after  December  31, 1998.  Amends the State Mandates Act to      
   require implementation without reimbursement.  Effective immediately.       
          PENSION NOTE                                                         
          Estimated increase in total annual cost is $1.7 million, 0.74%       
          of payroll; annual cost will increase as payroll grows.              
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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