PENCD-CHI FIRE-ANNUAL INCREASE Senate SponsorsSen. Robert F. Martwick 1/10/2023SenateSession Sine Die 40 ILCS 5/6-164from Ch. 108 1/2, par. 6-16430 ILCS 805/8.45 newAmends the Chicago Firefighter Article of the Illinois Pension Code. Provides that the annual increase to a Tier 2 retirement annuity shall be calculated at 3% (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) of the originally granted annuity. Makes a conforming change. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. 2/26/2021SenateFiled with Secretary by Sen. Robert F. Martwick 2/26/2021SenateFirst Reading 2/26/2021SenateReferred to Assignments 1/10/2023SenateSession Sine Die