Joseph M. Lyons
- Democratic
Primary
Amends the Chicago Police Article of the Illinois Pension Code. Provides that, for policemen born on or after January 1, 1955 but before January 1, 1960, beginning on January 1, 2012, automatic annual increases shall be 3% and such policemen shall not be subject to the 30% maximum increase. Increases employee contributions by 1% in exchange for that benefit enhancement. Makes changes concerning annual increases to the monthly annuities of persons who first become a policeman on or after the effective date of the amendatory Act and deletes repetitive language concerning annual increases in survivor's annuities for new hires. Amends the State Mandates Act to require implementation without reimbursement.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Assigned to Executive Committee
Filed with the Clerk by Rep. Joseph M. Lyons
First Reading
Referred to Rules Committee
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