MURPHY, MOORE,EUGENE, JONES,SHIRLEY AND STROGER.
PEN CD-COOK CO-CTA BENEFITS
Synopsis of Bill as introduced:
Amends the Cook County Article of the Illinois Pension Code.
Allows certain persons employed by the Chicago Transit Authority to
participate in the Cook County pension fund in addition to the CTA
retirement system. Also allows these persons to have their Cook
County benefits based on their CTA salaries; to purchase duplicate
Cook County credit for their past CTA service without paying any
employer contribution or interest; and to buy up to 4 additional years
of Cook County credit for active or reserve military service. Amends
the State Mandates Act to require implementation without
reimbursement. Effective immediately.
There is minimal fiscal impact resulting from HB930.
Last action on Bill: SESSION SINE DIE
Last action date: 99-01-12
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status