House Sponsors: SAVIANO. Short description: PEN CD-CHGO TEACHR-EARLY RETMT Synopsis of Bill as introduced: 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. Last action on Bill: SESSION SINE DIE Last action date: 99-01-12 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status