92nd General Assembly
Status of HB0199
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary

   40 ILCS 5/4-109.2         from Ch. 108 1/2, par. 4-109.2                    
   30 ILCS 805/8.25 new                                                        

        Amends the Downstate Firefighter Article of the Illinois  Pension      
   Code.     Provides  for  a  3%  annual  increase  in  certain  minimum      
   retirement, disability, and surviving  spouse  pensions.   Amends  the      
   State  Mandates  Act  to require implementation without reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE (Illinois Pension Laws Commission)                      
          Based on membership data for all downstate Firefighters' pen-        
          sion funds provided by the Department of Insurance, the              
          Commission's actuary estimates that HB199 would increase the         
          accrued liability of the funds by $33.2 million. The estimated       
          increase in total annual costs is 0.86% of payroll, or $3.2          
          million. The annual cost would increase commensurate with            
   JAN-11-2001  H  FILED WITH CLERK                                               
   JAN-30-2001  H  FIRST READING                                                  
   JAN-30-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   JAN-31-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   JAN-31-2001  H  ADDED AS A JOINT SPONSOR                 MCGUIRE               
   FEB-09-2001  H                        PENSION NOTE FILED                       
   FEB-09-2001  H                   COMMITTEE               PERS PENSION          
   MAR-09-2001  H  ADDED AS A JOINT SPONSOR                 MOFFITT               
   MAR-09-2001  H  ADDED AS A JOINT SPONSOR                 BOLAND                
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary