Illinois SB1726 amends police and firefighter pension laws, affecting benefits and contributions.
Illinois SB1726 modifies pension rules for police and firefighters, including changes to benefit calculations and contribution rates. It affects current and future retirees, as well as active members of police and firefighter pension funds. The bill specifies new formulas for pension benefits and adjusts contribution rates for different tiers of service.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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