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AN ACT concerning public employee benefits.



Amends the Chicago Police Article of the Pension Code,provides that for a policeman who retires from service after September 1, 1967 with at least 20 years of service credit and attains age 70 on or after the effective date of the amendatory Act, any 3% automatic increase in annuity shall be compounded beginning with the increase following attainment of age 70.