PEN CD-CHI POL-ANNUAL INCREASE
Summary
Amends the Chicago Police Article of the Illinois Pension Code. Removes a birthdate restriction on eligibility at age 55 for a 3% automatic annual increase in retirement annuity that is not subject to a maximum increase of 30%. Makes a related change. Specifies the timing of an initial increase in retirement annuity for persons who have not received the initial increase before January 1, 2022. Amends the State Mandates Act to require implementation without reimbursement by the State. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 19, 2021
Last action Jan 10, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
3
Mar 27, 2021
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 16, 2021
Committee
Assigned to Personnel & Pensions Committee
lower
Feb 22, 2021
Committee
Referred to Rules Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Lindsey LaPointe
DDemocratic
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