HB 4887

  • Illinois House Bill
  • 94th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-Chgo Pol-3% Compounded

Abstract

Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity. Also increases it to 3%, reduces the minimum age to 55, and removes the 30% maximum increase limitation for all annuitants. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

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Jan 09, 2007

House

Session Sine Die

Jan 24, 2006

House

Added Chief Co-Sponsor Rep. Kevin Joyce

House

Added Chief Co-Sponsor Rep. Angelo Saviano

House

Added Chief Co-Sponsor Rep. Joseph M. Lyons

Jan 19, 2006

House

First Reading

House

Referred to Rules Committee

House

Filed with the Clerk by Rep. Michael P. McAuliffe

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