Bill Status of HB4575 95th General Assembly
Short Description: PEN CD-CHI TEACHERS-ERI
Rep. Richard T. Bradley
| 1/13/2009||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Provides an early retirement incentive program for certain teachers who terminate service on or after February 1, 2009 and on or before June 30, 2009 or on or after February 1, 2010 and on or before June 30, 2010. Allows the purchase of up to 5 years of age enhancement and creditable service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.