SB 1740

  • Illinois Senate Bill
  • 95th 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 13, 2009

Senate

Session Sine Die

Mar 16, 2007

Senate

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

Feb 21, 2007

Senate

Assigned to Pensions and Investments

Feb 09, 2007

Senate

Filed with Secretary by Sen. William Delgado

Senate

First Reading

Senate

Referred to Rules

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