SB 1631

  • Illinois Senate Bill
  • 103rd Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Pen Cd-Chi Pol-Annual Increase

Abstract

Amends the Chicago Police Article of the Illinois Pension Code. Removes a birthdate restriction on eligibility at age 55 for a 3% automatic annual increase in retirement annuity that is not subject to a maximum increase of 30%. Makes a related change. Specifies the timing of an initial increase in retirement annuity for persons who have not received the initial increase before January 1, 2023. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Bill Sponsors (3)

Votes


No votes to display

Actions


Feb 15, 2023

Senate

Added as Chief Co-Sponsor Sen. Bill Cunningham

Senate

Added as Chief Co-Sponsor Sen. Mike Porfirio

Feb 08, 2023

Senate

Filed with Secretary by Sen. Robert F. Martwick

Senate

First Reading

Senate

Referred to Assignments

Bill Text

Bill Text Versions Format
Introduced HTML PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Illinois General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.