PEN CD-CHGO FIRE-ANNUAL INCR
Summary
Amends the Chicago Firefighter Article of the Illinois Pension Code. Increases the required employee contribution by 0.5% of salary. Compounds the 3% automatic annual increase in retirement annuity for members who have paid the increased contribution for at least one year. Allows certain persons no longer in service to elect to pay an additional contribution and thereby qualify for the compounding. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2005
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2005
Last action Jan 9, 2007
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
0
Committee
3
Jan 9, 2007
House · Failed
Session Sine Die
Mar 10, 2005
House · Referred to committee
Rule 19(a) / Re-referred to Rules Committee
Feb 8, 2005
House · Referred to committee
Assigned to Executive Committee
Feb 2, 2005
House · Referred to committee
Referred to Rules Committee
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Richard T. Bradley
DDemocratic
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