90th General Assembly
Summary of HB3572
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House Sponsors:
SAVIANO, LYONS,JOSEPH AND BRADLEY.

Short description: 
PEN CD-CHGO TCHR-SURVIVORS MIN                                             

Synopsis of Bill as introduced:
        Amends the  Chicago  Teacher  Article  of  the  Pension  Code  to      
   increase  the  minimum  total  survivor's pension to 50% of the earned      
   retirement pension for survivors of members who died before January 1,      
   1987.  Amends the State Mandates Act to require implementation without      
   reimbursement.  Effective immediately.                                      
          PENSION NOTE                                                         
          Increase in accrued liability, estimated $9.7 M; increase in         
          total annual cost, estimated $0.5 M, or 0.03% 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 



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