House Sponsors: SAVIANO-CAPPARELLI-MCAULIFFE-BUGIELSKI-BURKE AND MCCARTHY. Short description: PEN CD-ONE TIME INCREASES Synopsis of Bill as introduced: Amends the Chicago Teacher Article of the Illinois Pension Code to provide for a one-time increase in certain retirement and survivor's annuities. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Increase in accrued liability $121.5 million Increase in total annual cost (0.42% of payroll) $6.1 million Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status