PEN CD-CHI FIRE-TIER 2 Senate SponsorsSen. Robert F. Martwick-Javier L. Cervantes, Cristina H. Pacione-Zayas and Mike Porfirio House Sponsors(Rep. Stephanie A. Kifowit-Michael J. Kelly-Angelica Guerrero-Cuellar) 12/8/2023SenatePublic Act . . . . . . . . . 103-0579 40 ILCS 5/6-22930 ILCS 805/8.47 newAmends 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.House Floor Amendment No. 1 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 60 months (instead of 120 months) of service in which the total salary was the highest by the number of months of service in that period.Pension Note (Government Forecasting & Accountability) SB 1629 would have a significant fiscal impact on the Chicago Fire pension fund. An actuarial study would be needed to assess the long-term cost. According to the Chicago Fire Pension Fund's 2021 actuarial valuation, the fund had $5.6 billion in unfunded liabilities, with a funding ratio of 20.9%.Housing Affordability Impact Note (Housing Development Authority) This bill will have no effect on the cost of constructing, purchasing, owning, or selling a single-family residence.. 2/8/2023SenateFiled with Secretary by Sen. Robert F. Martwick 2/8/2023SenateFirst Reading 2/8/2023SenateReferred to Assignments 2/21/2023SenateAssigned to Senate Special Committee on Pensions 3/8/2023SenateAdded as Chief Co-Sponsor Sen. Javier L. Cervantes 3/10/2023SenateDo Pass Senate Special Committee on Pensions; 010-000-000 3/10/2023SenatePlaced on Calendar Order of 2nd Reading March 21, 2023 3/21/2023SenateSecond Reading 3/21/2023SenatePlaced on Calendar Order of 3rd Reading March 22, 2023 3/23/2023SenateThird Reading - Passed; 055-000-000 3/23/2023HouseArrived in House 3/23/2023HouseChief House Sponsor Rep. Michael J. Kelly 3/23/2023SenateAdded as Co-Sponsor Sen. Cristina H. Pacione-Zayas 3/23/2023HouseFirst Reading 3/23/2023HouseReferred to Rules Committee 4/11/2023HouseAssigned to Personnel & Pensions Committee 4/20/2023HouseAlternate Chief Sponsor Changed to Rep. Stephanie A. Kifowit 4/20/2023HouseDo Pass / Short Debate Personnel & Pensions Committee; 006-002-000 4/20/2023HousePlaced on Calendar 2nd Reading - Short Debate 5/4/2023HouseHouse Floor Amendment No. 1 Filed with Clerk by Rep. Stephanie A. Kifowit 5/4/2023HouseHouse Floor Amendment No. 1 Referred to Rules Committee 5/8/2023HouseHouse Floor Amendment No. 1 Rules Refers to Personnel & Pensions Committee 5/10/2023HouseBalanced Budget Note Requested by Rep. Ryan Spain 5/10/2023HouseCorrectional Note Requested by Rep. Ryan Spain 5/10/2023HouseFiscal Note Requested by Rep. Ryan Spain 5/10/2023HouseHome Rule Note Requested by Rep. Ryan Spain 5/10/2023HouseHousing Affordability Impact Note Requested by Rep. Ryan Spain 5/10/2023HouseJudicial Note Requested by Rep. Ryan Spain 5/10/2023HouseLand Conveyance Appraisal Note Requested by Rep. Ryan Spain 5/10/2023HousePension Note Requested by Rep. Ryan Spain 5/10/2023HouseRacial Impact Note Requested by Rep. Ryan Spain 5/10/2023HouseState Debt Impact Note Requested by Rep. Ryan Spain 5/10/2023HouseState Mandates Fiscal Note Requested by Rep. Ryan Spain 5/10/2023HouseSecond Reading - Short Debate 5/10/2023HouseHeld on Calendar Order of Second Reading - Short Debate 5/11/2023HouseHouse Floor Amendment No. 1 Recommends Be Adopted Personnel & Pensions Committee; 007-002-000 5/12/2023HouseThird Reading/Final Action Deadline Extended-9(b) May 19, 2023 5/16/2023HouseAdded Alternate Chief Co-Sponsor Rep. Michael J. Kelly 5/16/2023HouseBalanced Budget Note Requested - Withdrawn by Rep. Ryan Spain 5/16/2023HouseCorrectional Note Requested - Withdrawn by Rep. Ryan Spain 5/16/2023HouseHousing Affordability Impact Note Requested - Withdrawn by Rep. Ryan Spain 5/16/2023HouseJudicial Note Requested - Withdrawn by Rep. Ryan Spain 5/16/2023HouseLand Conveyance Appraisal Note Requested - Withdrawn by Rep. Ryan Spain 5/16/2023HouseRacial Impact Note Requested - Withdrawn by Rep. Ryan Spain 5/16/2023HouseState Debt Impact Note Requested - Withdrawn by Rep. Ryan Spain 5/16/2023HousePension Note Filed 5/16/2023HouseHousing Affordability Impact Note Filed 5/17/2023HouseHouse Floor Amendment No. 1 Adopted 5/17/2023HouseNote / Motion Filed - Note Act Does Not Apply Rep. Stephanie A. Kifowit 5/17/2023HouseMotion Prevailed 069-039-000 5/17/2023HouseHome Rule Note Request is Inapplicable 5/17/2023HouseState Mandates Fiscal Note Request is Inapplicable 5/17/2023HouseFiscal Note Request is Inapplicable 5/17/2023HousePlaced on Calendar Order of 3rd Reading - Short Debate 5/17/2023HouseThird Reading - Short Debate - Passed 098-015-002 5/17/2023HouseAdded Alternate Chief Co-Sponsor Rep. Angelica Guerrero-Cuellar 5/17/2023SenateSecretary's Desk - Concurrence House Amendment(s) 1 5/17/2023SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - May 18, 2023 5/17/2023SenateHouse Floor Amendment No. 1 Motion to Concur Filed with Secretary Sen. Robert F. Martwick 5/17/2023SenateHouse Floor Amendment No. 1 Motion to Concur Referred to Assignments 5/18/2023SenateHouse Floor Amendment No. 1 Motion to Concur Assignments Referred to State Government 5/18/2023SenateHouse Floor Amendment No. 1 Motion To Concur Recommended Do Adopt State Government; 009-000-000 6/26/2023SenatePursuant to Senate Rule 3-9(b) / Referred to Assignments 11/7/2023SenatePlaced on Calendar Order of Concurrence House Amendment(s) 1 - November 7, 2023 11/9/2023SenateHouse Floor Amendment No. 1 3/5 Vote Required 11/9/2023SenateHouse Floor Amendment No. 1 Senate Concurs 046-000-000 11/9/2023SenatePassed Both Houses 11/9/2023SenateAdded as Co-Sponsor Sen. Mike Porfirio 12/1/2023SenateSent to the Governor 12/8/2023SenateGovernor Approved 12/8/2023SenateEffective Date December 8, 2023 12/8/2023SenatePublic Act . . . . . . . . . 103-0579