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Home > Illinois > SB2067
Chief Sponsor:

James A. DeLeo

Tagged in: Chicago

Latest Update: Tuesday, December, 02nd 2008

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PEN CD-CHGO POL-3% COMPOUNDED

Amends the Chicago Police Article of the Illinois Pension Code. Compounds the automatic annual increase in retirement annuity. Also increases it to 3% and reduces the minimum age to 55. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
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Latest Actions
  • 03/14/2008 - Rule 3-9(a) / Re-referred to Rules
  • 03/12/2008 - To Subcommittee
  • 03/05/2008 - Assigned to Pensions and Investments
  • 02/14/2008 - Filed with Secretary by Sen. James A. DeLeo
  • 02/14/2008 - First Reading

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Bill Text
File name Last Updated
SB2067 Bill Text Introduced PDF02/14/2008