90th General Assembly Summary of HB2835    [ Home ]   [ Back ]   [ Legislation ]

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House Sponsors:
CAPPARELLI-MCAULIFFE-LYONS,JOSEPH-BUGIELSKI-BURKE AND BRADLEY.

Short description: 
PEN CD-CHGO FIRE-INCR FORMULA                                              

Synopsis of Bill as introduced:
        Amends the Chicago Firefighter Article of  the  Pension  Code  to      
   provide  an  increase in the retirement benefit formula.  Provides for      
   2.5% (rather than 2%) of average  salary  for  each  year  of  service      
   beyond 20.  Applies to persons withdrawing from service after December      
   31,  1998.   Also  makes technical changes.  Amends the State Mandates      
   Act  to  require  implementation  without  reimbursement.    Effective      
   immediately.                                                                
          PENSION NOTE                                                         
          HB2835 makes no substantive changes, there is no fiscal impact.      
 
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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