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IL SB1952

IL SB1952
PEN CD-CHI FIRE-TIER 2 SALARY


summary

Introduced
02/09/2023
In Committee
02/09/2023
Crossed Over
Passed
Dead
01/08/2025

Introduced Session

103rd General Assembly

Bill Summary

Amends the Chicago Firefighter Article of the Illinois Pension Code. Provides that the limit on salary for all purposes under the Code for Tier 2 firemen shall annually be increased by the annual unadjusted percentage increase (but not less than zero) in the consumer price index-u (instead of the lesser of 3% or one-half the annual unadjusted percentage increase in the consumer price index-u) for the 12 months ending with the September preceding each November 1, including all previous adjustments. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

AI Summary

This bill amends the Chicago Firefighter Article of the Illinois Pension Code. It provides that the annual salary cap for Tier 2 firefighters, which was previously limited to the lesser of 3% or one-half the annual increase in the consumer price index, will now be increased by the full annual unadjusted percentage increase in the consumer price index (but not less than zero) starting in 2024. The bill also amends the State Mandates Act to exempt this change from requiring reimbursement by the state, and the bill takes effect immediately.

Sponsors (1)

Last Action

Session Sine Die (on 01/07/2025)

bill text


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