91st General Assembly
Summary of HB0361
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House Sponsors:
CAPPARELLI-BUGIELSKI-BURKE-LYONS,JOSEPH-
   SAVIANO AND MCAULIFFE.

Short description: 
PEN CD-CHGO FIRE-RETMT MINIMUM                                             

Synopsis of Bill as introduced:
        Amends the Chicago Firefighter Article of the Illinois Pension         
   Code. Beginning January 1, 2000, increases the minimum retirement           
   annuity to $1000 per month for persons who retire at age 50 with at         
   least 20 years of service. Amends the State Mandates Act to require         
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Pension Laws Commission)                               
          Increase in accrued liability                     $ 2.2 million      
          Level dollar annual amortization payment               $177,000      
 
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 



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