SB3412 amends the Illinois Pension Code to adjust retirement benefits for certain Cook County public safety employees.
SB3412 amends the Illinois Pension Code to modify retirement benefits for specific Cook County public safety employees, including deputy sheriffs, police officers, correctional officers, and forest preserve police officers. It allows these employees to retire with a reduced retirement age and benefits if they meet certain conditions. The bill also sets a cap on annual earnings for benefit calculations, adjusts survivor's and widow's annuities, and specifies conditions for employees who accept contractual employment after retirement.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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