PEN CD-CHGO POL-3% COMPOUNDED
Summary
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.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2008
Committee Review
Floor Vote
Governor
Introduced Feb 14, 2008
Last action Jan 13, 2009
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
4
Jan 13, 2009
Senate · Failed
Session Sine Die
Mar 14, 2008
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Rules
Mar 12, 2008
Senate · Reported by committee
To Subcommittee
Mar 5, 2008
Senate · Referred to committee
Assigned to Pensions and Investments
Feb 14, 2008
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
James A. DeLeo
DDemocratic
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