House Sponsors: CAPPARELLI-BUGIELSKI-BRADLEY-LYONS,JOSEPH-BURKE AND MCAULIFFE. Short description: PEN CD-CHGO LABOR-ADMIN Synopsis of Bill as introduced: Amends the Chicago Laborer Article of the Illinois Pension Code. Amends the reversionary annuity table to add entries relating to persons who retire befpre age 55. Allows a person whose retirement annuity would be less than $800 per month (currently $300) to elect to receive a refund instead of an annuity. Adds provisions relating to payment of benefits to a person under legal disability. Changes the term of the elected members of the Board, from 2 years to 3. Changes the annuity payment date for certain annuities that began before January 1, 1998. Effective immediately. PENSION NOTE (Pension Laws Commission) Fiscal impact cannot be calculated, but is estimated to be minor. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status