PENCD-CHGO FIRE-COMPOUND INC Senate SponsorsSen. James A. DeLeo 1/13/2009SenateSession Sine Die 40 ILCS 5/6-164from Ch. 108 1/2, par. 6-16430 ILCS 805/8.32 newAmends the Chicago Firefighter Article of the Illinois Pension Code. Compounds the automatic annual increase in the retirement annuity. Increases the rate of increase to 3% and removes the 30% maximum for all firemen who are at least 55 years of age, regardless of date of birth. For certain firemen who are at least 55 years of age with at least 20 years of service, makes the initial annual increase occur on the first anniversary of retirement. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 2/15/2008SenateFiled with Secretary by Sen. James A. DeLeo 2/15/2008SenateFirst Reading 2/15/2008SenateReferred to Rules 2/28/2008SenateAssigned to Pensions and Investments 3/14/2008SenateRule 3-9(a) / Re-referred to Rules 1/13/2009SenateSession Sine Die