HB 1974

  • Illinois House Bill
  • 95th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pencd-Chcgo Fire-Lump Sum Pymt

Abstract

Amends the Chicago Firefighter Article of the Illinois Pension Code. Allows active firemen not in receipt of disability benefits who (i) have at least 23 years of creditable service, (ii) have attained age 50, and (iii) withdraw from service on or after the effective date to make an election, upon withdrawal from active service, at the time application for an age and service annuity under the Article is made, to receive a lump sum payment of the employee contributions credited to his or her account that correspond to a period not to exceed the 3 years immediately preceding withdrawal from service, plus an additional 2.26 times that amount representing the corresponding employer contributions made to the Fund, in exchange for an agreement to forfeit all service credit and any applicable benefits under the Act applicable to that service and same time period. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Bill Sponsors (1)

Votes


No votes to display

Actions


Jan 13, 2009

House

Session Sine Die

May 25, 2007

House

Rule 19(a) / Re-referred to Rules Committee

May 18, 2007

House

Final Action Deadline Extended-9(b) May 25, 2007

May 10, 2007

House

Third Reading/Final Action Deadline Extended-9(b) May 18, 2007

May 03, 2007

House

Third Reading/Final Action Deadline Extended-9(b) May 10, 2007

Apr 27, 2007

House

Third Reading/Final Action Deadline Extended-9(b) May 3, 2007

Apr 17, 2007

House

Do Pass as Amended / Short Debate Personnel and Pensions Committee; 003-000-002

House

House Committee Amendment No. 1 Filed with Clerk by Personnel and Pensions Committee

House

House Committee Amendment No. 1 Adopted in Personnel and Pensions Committee; by Voice Vote

House

Placed on Calendar 2nd Reading - Short Debate

House

Added Chief Co-Sponsor Rep. Kevin Joyce

House

Second Reading - Short Debate

House

Placed on Calendar Order of 3rd Reading - Short Debate

Mar 29, 2007

House

Committee/3rd Reading Deadline Extended-Rule April 30, 2007

Mar 26, 2007

House

Committee Deadline Extended-Rule 9(b) March 31, 2007; March 31, 2007

House

Assigned to Personnel and Pensions Committee

Mar 23, 2007

House

Rule 19(a) / Re-referred to Rules Committee

Mar 01, 2007

House

Assigned to Executive Committee

Feb 26, 2007

House

First Reading

House

Referred to Rules Committee

Feb 23, 2007

House

Filed with the Clerk by Rep. Daniel J. Burke

Bill Text

Bill Text Versions Format
Introduced HTML
Engrossed HTML

Related Documents

Document Format
House Amendment 001

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.