SAVIANO-CAPPARELLI-MCAULIFFE-LYONS,JOSEPH-BUGIELSKI. 40 ILCS 5/5-114 from Ch. 108 1/2, par. 5-114 Amends the Chicago Police Article of the Illinois Pension Code to limit the salary for pension purposes of persons first appointed to non-civil service positions after December 31, 2002 to the highest civil service captain's salary. Effective immediately. PENSION NOTE (Illinois Pension Laws Commission) Based on 12/31/98 membership data, the estimated decrease in accrued liability due to HB 4061 is $7.0 million. The decrease in normal cost is estimated to be $0.2 million and decrease in the annual payment due to the estimated reduction in accrued liability is $0.3 million. Therefore, the estimated reduction in annual cost in the 1st year due to HB 4061 is $0.5 million, or 0.07% of payroll. JAN-29-2002 H FILED WITH CLERK JAN-29-2002 H ADDED AS A JOINT SPONSOR CAPPARELLI JAN-29-2002 H ADDED AS A JOINT SPONSOR MCAULIFFE JAN-29-2002 H ADDED AS A JOINT SPONSOR LYONS,JOSEPH JAN-29-2002 H ADDED AS A JOINT SPONSOR BUGIELSKI JAN-29-2002 H FIRST READING JAN-29-2002 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-15-2002 H PENSION NOTE FILED FEB-15-2002 H COMMITTEE RULES JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary