IL HB2821 | 2023-2024 | 103rd General Assembly

Status

Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Introduced on February 16 2023 - 25% progression
Action: 2023-03-14 - Added Chief Co-Sponsor Rep. Martin J. Moylan
Pending: House Rules Committee
Text: Latest bill text (Introduced) [HTML]

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, 2023. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Tracking Information

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Title

PEN CD-CHI POL-ANNUAL INCREASE

Sponsors


History

DateChamberAction
2023-03-14HouseAdded Chief Co-Sponsor Rep. Martin J. Moylan
2023-03-10HouseAdded Co-Sponsor Rep. Lindsey LaPointe
2023-03-10HouseRule 19(a) / Re-referred to Rules Committee
2023-03-07HouseAdded Chief Co-Sponsor Rep. Brad Stephens
2023-02-28HouseChief Sponsor Changed to Rep. Justin Slaughter
2023-02-28HouseAssigned to Personnel & Pensions Committee
2023-02-16HouseReferred to Rules Committee
2023-02-16HouseFirst Reading
2023-02-16HouseFiled with the Clerk by Rep. Frances Ann Hurley

Code Citations

ChapterArticleSectionCitation TypeStatute Text
308058.47New CodeSee Bill Text
4055-167.1Amended CodeCitation Text

Illinois State Sources


Bill Comments

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