Illinois SB3082 amends pension benefits for disabled police officers, including annual pension increases and property tax exemptions.
Illinois SB3082 amends the Illinois Pension Code to enhance benefits for disabled police officers. It provides an annual noncompounded increase of 3% of the original pension for officers receiving a line-of-duty disability pension and meeting certain criteria. The bill also grants a homestead exemption for property owned by disabled police officers receiving a line-of-duty disability pension, with varying percentages based on the officer's age. Additionally, it mandates that the pension fund pay the total monthly premium on behalf of disabled police officers for group insurance coverage.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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