Amends the Chicago Police Article of the Illinois Pension Code. Provides that, in those cases where the injury or death for which a disability or death benefit is payable was caused under circumstances creating a legal liability on the part of some person or entity to pay damages to the policeman, then legal proceedings may be taken against such other person or entity to recover damages notwithstanding the Fund's payment of or liability to pay disability or death benefits. Provides that the Fund may intervene in any action brought by the disabled policeman or his or her personal representative. Effective immediately.
House Committee Amendment No. 2: Replaces everything after the enacting clause. Amends the Illinois Pension Code. Provides that the Retirement Systems Reciprocal Act (Article 20 of the Code) is adopted and made a part of the Downstate Police, Downstate Firefighter, Chicago Police, and Chicago Firefighter Articles, but only with respect to a person who, on or after the effective date of the amendatory Act, is entitled under those Articles or through a participating system under the Retirement Systems Reciprocal Act to begin receiving a retirement annuity or survivor's annuity and who elects to proceed under the Retirement Systems Reciprocal Act. In the Chicago Police Article of the 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% and 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.
House Floor Amendment No. 3: Replaces everything after the enacting clause. Reinserts the provisions of the introduced bill with the following changes. Makes a change in a provision concerning eligibility for receiving an initial increase in retirement annuity for persons who have not received an initial increase. Removes provisions adopting the Retirement Systems Reciprocal Act (Article 20 of the Illinois Pension Code) for the Downstate Police, Downstate Firefighter, Chicago Police, and Chicago Firefighter Articles of the Illinois Pension Code.
Statutes affected: Introduced: 40 ILCS 5/5
Engrossed: 40 ILCS 5/5
Enrolled: 40 ILCS 5/5, 30 ILCS 805/8
Public Act: 40 ILCS 5/5, 30 ILCS 805/8