House Sponsors: ZICKUS. Short description: PEN CD-DNST FIRE-RETMT INCR Synopsis of Bill as introduced: Amends the Downstate Firefighter Article of the Illinois Pension Code. Increases the retirement formula from 2.0% to 2.5% of salary for each year of service over 20. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The estimated increase in accrued liability of all Downstate Firefighters' Pension Funds is $36.8 million. The increase in annual cost is estimated to be $3.8 million, or 1.09% of pay- roll. 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