SB 2652

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

Senate

Session Sine Die

Feb 17, 2006

Senate

Rule 3-9(a) / Re-referred to Rules

Feb 01, 2006

Senate

Assigned to Pensions & Investments

Jan 20, 2006

Senate

Filed with Secretary by Sen. James A. DeLeo

Senate

First Reading

Senate

Referred to Rules

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