MURPHY. 40 ILCS 5/17-116.7 new 30 ILCS 805/8.24 new Amends the Chicago Teacher Article of the Pension Code to extend the early retirement program for persons who retire at the end of the 1999-2000 school year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Based on 30% participation (2916 participants): Increase in accrued liability $292.9 million Increase in total annual cost (1.00% of payroll) 14.4 million 00-01-20 H FIRST READING 00-01-20 H REFERRED TO HOUSE RULES COMMITTEE RULES 00-01-31 H PENSION NOTE FILED 00-01-31 H COMMITTEE RULES 01-01-09 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary