SB 2060

  • Illinois Senate Bill
  • 97th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Pen Cd-Chic Police-Elect Cola

Abstract

Amends the Chicago Police Article of the Illinois Pension Code. Provides that, beginning on January 1, 2012, policemen who do not receive 3% annual increases may irrevocably elect to receive annual increases at that rate by contributing an additional 1% of salary to the fund. Makes changes concerning annual increases to the monthly annuities of persons who first become policemen on or after the effective date of the amendatory Act. Deletes repetitive language concerning annual increases in survivor's annuities for new hires. Amends the State Mandates Act to require implementation without reimbursement.

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Jan 08, 2013

Senate

Session Sine Die

Mar 18, 2011

Senate

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

Mar 17, 2011

Senate

Postponed - Pensions and Investments

Mar 10, 2011

Senate

Postponed - Pensions and Investments

Mar 02, 2011

Senate

Assigned to Pensions and Investments

Feb 10, 2011

Senate

Filed with Secretary by Sen. Kwame Raoul

Senate

Referred to Assignments

Senate

First Reading

Bill Text

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