Bill Texts: IL SB1629 | 2023-2024 | 103rd General Assembly

Bill Title: Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides that for Tier 2 firemen, final average salary is the greater of (1) the average monthly salary obtained by dividing the total salary of the fireman during the 96 consecutive months of service within the last 120 months of service in which the total salary was the highest by the number of months of service in that period or (2) the average monthly salary obtained by dividing the total salary of the fireman during the 48 consecutive months of service within the last 120 months of service in which the total salary was the highest by the number of months of service in that period (currently, the final average salary is the average monthly salary obtained by dividing the total salary of the firefighter during the 96 consecutive months of service within the last 120 months of service in which the total salary was the highest by the number of months of service in that period). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Spectrum: Partisan Bill (Democrat 7-0)

Status: (Passed) 2023-12-08 - Public Act . . . . . . . . . 103-0579 [SB1629 Detail]

Bill Drafts

RevisionDateFormatSourceView
Chaptered2023-12-08HTML/TextLinkView
Enrolled2023-11-13HTML/TextLinkView
Engrossed2023-03-23HTML/TextLinkView
Introduced2023-02-08HTML/TextLinkView

Amendments

AmendmentDateDispositionFormatSourceView
House Amendment 0012023-05-04ProposedHTML/TextLinkView

Supplemental Documents

TitleDescriptionDateFormatSourceView
No supplemental documents for Illinois SB1629 currently on file.

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