HB 968

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

Pen Cd-Chgo Pol-Incr Retmt-80%

Abstract

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 the effective date. 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

Mar 23, 2007

House

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

Feb 27, 2007

House

Re-assigned to Executive Committee

Feb 23, 2007

House

Added Chief Co-Sponsor Rep. Angelo Saviano

House

Added Chief Co-Sponsor Rep. Kevin Joyce

Feb 15, 2007

House

Assigned to Personnel and Pensions Committee

Feb 08, 2007

House

First Reading

House

Referred to Rules Committee

House

Filed with the Clerk by Rep. Michael P. McAuliffe

Bill Text

Bill Text Versions Format
Introduced HTML

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.