Illinois General Assembly - Bill Status for HB4514

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Bill Status of HB4514 94th General Assembly

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Short Description: PEN CD-CHI TEACHR-PENSION BASE

House Sponsors
Rep. Richard T. Bradley and Kevin A. McCarthy

Last Action

Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/17-116

from Ch. 108 1/2, par. 17-116

30 ILCS 805/8.30 new

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides that, when computing service retirement pensions, the average salary shall consist of the average annual rate of salary for the 3 (now, 4) consecutive years of validated service within the last 10 years of service when the average annual rate was highest. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
1/11/2006	House	Filed with the Clerk by Rep. Richard T. Bradley
1/11/2006	House	Co-Sponsor Rep. Kevin A. McCarthy
1/11/2006	House	First Reading
1/11/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

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