92nd General Assembly
Status of SB1847
   [ Home ]   [ Back ]   [ Legislation ]
Legislation:  
Please enter a bill number.



 Full Text  Bill Summary
WALSH,T.

   40 ILCS 5/4-114           from Ch. 108 1/2, par. 4-114                      
   30 ILCS 805/8.26 new                                                        

        Amends the Downstate Firefighters Article of the Illinois Pension      
   Code. Provides that the surviving spouse  of  a  deceased  firefighter      
   shall  be  entitled  to  a  pension  in  an amount equal to the amount      
   payable to the deceased firefighter at the time of his or  her  death.      
   Provides  that,  upon the death of a surviving spouse, each unmarried,      
   minor child under age 18 shall be entitled to a share of  the  pension      
   of  the  deceased  surviving  spouse.  Provides  that  if  a  deceased      
   firefighter leaves no surviving spouse or unmarried children under age      
   18,  but  leaves  a  dependent father or mother, the dependent parents      
   shall be entitled to receive or share a pension equal to  the  pension      
   to  which  the deceased firefighter was entitled at the time of his or      
   her death. Amends the State Mandates  Act  to  require  implementation      
   without reimbursement. Effective immediately.                               
          PENSION NOTE (Illinois Pension Laws Commission)                      
          Based on FY 1996 membership data supplied by the Department of       
          Insurance, the Commission's actuary estimates that SB 1847           
          would increase the accrued liability of the Downstate                
          Firefighters' pension funds by $157.9 million. The resulting         
          increase in total annual cost is estimated to be $11.8 million,      
          or 3.37% of payroll. The increase in accrued liability and           
          annual cost would vary by individual fund and would increase         
          commensurate with payroll.                                           
   FEB-06-2002  S  FIRST READING                                                  
   FEB-06-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   FEB-15-2002  S                        PENSION NOTE FILED AS INTRODUCED         
   FEB-15-2002  S                   COMMITTEE               RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary