90th General Assembly Summary of SB1696    [ Home ]   [ Back ]   [ Legislation ]

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Senate Sponsors:
MOLARO.

Short description: 
PEN CD-CHGO TCHR-SECOND JOB                                                

Synopsis of Bill as introduced:
        Amends the Chicago Teacher Article of the Pension Code.   Removes      
   the  prohibition  on  participating  in  the Fund while simultaneously      
   participating in one of the other public employee  retirement  systems      
   because  of  a  second job.  Validates prior service and contributions      
   for  certain  persons  currently  participating.   Amends  the   State      
   Mandates   Act   to   require  implementation  without  reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE                                                         
          Little or no fiscal impact to Chicago Teachers' Fund.                
 
Last action on Bill: SESSION SINE DIE

   Last action date: 99-01-12

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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