90th General Assembly
Status of HB3567
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 Full Text  Bill Summary
SAVIANO.

   40 ILCS 5/17-116.3                                                          
   30 ILCS 805/8.22 new                                                        

        Amends the Chicago Teacher Article of the Pension Code  to  grant      
   additional  benefits  to  persons who began receiving early retirement      
   benefits in 1993.  Requires no additional  contribution.   Amends  the      
   State  Mandates  Act  to require implementation without reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE                                                         
          Accrued liability would increase by $73.3 million; total annual      
          cost would increase by $3.6 million, 0.26% of payroll.               
   98-02-17  H  FILED WITH CLERK                                               
   98-02-17  H  FIRST READING                                                  
   98-02-17  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   98-05-11  H                        PENSION NOTE FILED                       
   98-05-11  H                   COMMITTEE               RULES                 
   99-01-12  H  SESSION SINE DIE                                               

   END OF INQUIRY 



 Full Text  Bill Summary