91st General Assembly
Summary of HB3368
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House Sponsors:
CAPPARELLI-LYONS,JOSEPH-BURKE-ACEVEDO, 
   MCAULIFFE AND BRADLEY.

Short description: 
PEN CD-CHGO POL-DUTY DISAB                                                 

Synopsis of Bill as introduced:
        Amends the Chicago Police Article of the Pension Code to increase      
   the duty disability benefit to 75% of the current salary attached from      
   time to time to the rank held by the policeman at the time of  removal      
   from  the police department payroll.  Amends the State Mandates Act to      
   require implementation without reimbursement.  Effective immediately.       
          PENSION NOTE (Pension Laws Commission)                               
          The estimated increase in accrued liability due to HB 3368 is        
          $38.2 million, with an estimated increase in normal cost of          
          $1.7 million. The estimated 1st year cost is $3.6 million, or        
          0.49% of payroll.                                                    
 
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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