James A. DeLeo
- Democratic
Primary
Amends the Chicago Police Article of the Illinois Pension Code to provide an increase in the retirement benefit formula. Changes the maximum annuity from 75% to 80% of average salary. Provides for 2.5% (rather than 2%) of average salary for each year of service beyond 20. Applies to persons withdrawing from service after December 31, 2003. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
No votes to display
Session Sine Die
Added as Co-Sponsor Sen. Dan Rutherford
Added as Co-Sponsor Sen. John J. Cullerton
Pursuant to Senate Rule 3-9(b) / Referred to Rules
Pension Note Filed As Introduced - Revised
Third Reading Deadline Extended - Rule 2-10(e) to April 9, 2003.
Fiscal Note Filed
Fiscal Note Requested by Sen. Bill Brady
Placed on Calendar Order of 2nd Reading March 18, 2003
Do Pass Insurance & Pensions; 006-004-000
Added as Chief Co-Sponsor Sen. Denny Jacobs
To Subcommittee
Pension Note Filed As Introduced
Assigned to Insurance & Pensions
Filed with Secretary by Sen. James A. DeLeo
Referred to Rules
First Reading
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