PEN CD-CHGO FIRE-INCR FORMULA
Summary
Amends the Chicago Firefighter Article of the Illinois Pension Code to provide an increase in the retirement benefit formula. Provides for 2.5% (rather than 2%) of average salary for each year of service beyond 20. Also makes technical changes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
May 2003
Committee Review
Floor Vote
Governor
Introduced May 19, 2003
Last action Jan 11, 2005
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
14
Key actions
0
Committee
1
Jan 29, 2003
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor
Sponsors
No sponsor information available.
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