Illinois General Assembly - Bill Status for HB2645
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 Bill Status of HB2645  93rd General Assembly

Short Description:  PEN CD-CHGO TCHR-SALARY

House Sponsors
Rep. Robert S. Molaro - Raymond Poe - Linda Chapa LaVia - David R. Leitch - Frank J. Mautino

Last Action
DateChamber Action
  1/11/2005HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/17-131from Ch. 108 1/2, par. 17-131
30 ILCS 805/8.27 new

Synopsis As Introduced
Amends the Chicago Teacher Article of the Pension Code. Provides that salary received on or after July 1, 1999 for overtime, summer school, and other optional service shall be included in the calculation of salary for pension purposes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

 Pension Note (Pension Laws Commission)
 According to an analysis prepared by the Fund's actuary (based on the 2002 actuarial valuation) the fiscal impact of HB 2645 depends on the average increase in annual pensionable salary. As the average increase in pensionable salary that would result from HB 2645 is unknown, the actual fiscal impact cannot be calculated, but would probably be within the $9.6 to $67.8 million.

DateChamber Action
  2/21/2003HouseFiled with the Clerk by Rep. Robert S. Molaro
  2/21/2003HouseFirst Reading
  2/21/2003HouseReferred to Rules Committee
  2/26/2003HouseAssigned to Executive Committee
  2/28/2003HousePension Note Filed
  3/13/2003HouseRule 19(a) / Re-referred to Rules Committee
  3/25/2003HouseAdded Chief Co-Sponsor Rep. Raymond Poe
  3/25/2003HouseAdded Chief Co-Sponsor Rep. Linda Chapa LaVia
  3/25/2003HouseAdded Chief Co-Sponsor Rep. David R. Leitch
  3/25/2003HouseAdded Chief Co-Sponsor Rep. Frank J. Mautino
  1/11/2005HouseSession Sine Die

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