90th General Assembly
Status of HB0385
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   40 ILCS 5/17-122          from Ch. 108 1/2, par. 17-122                     
   30 ILCS 805/8.21 new                                                        

        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 IMPACT NOTE                                                  
          HB 355 is based on the August 1995 actuarial valuation:              
           Increase in accrued liability                            $7.9M      
           Increase in total annual cost                            $ .4M      
           Increase in total annual cost as a % of payroll           .03%      
   97-01-30  H  FIRST READING                                                  
   97-01-30  H  ADDED AS A JOINT SPONSOR                 CAPPARELLI            
   97-01-30  H  ADDED AS A CO-SPONSOR                    LYONS,JOSEPH          
   97-01-30  H  ADDED AS A CO-SPONSOR                    SANTIAGO              
   97-01-30  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   97-02-05  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   97-03-03  H                        PENSION NOTE FILED                       
   97-03-03  H                   COMMITTEE               PERS PENSION          
   97-03-07  H  ADDED AS A CO-SPONSOR                    SAVIANO               
   97-03-21  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   99-01-12  H  SESSION SINE DIE                                               


 Full Text  Bill Summary