91st General Assembly Status of SB0137    [ Home ]   [ Back ]   [ Legislation ]

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MOLARO.

   40 ILCS 5/17-127          from Ch. 108 1/2, par. 17-127                     

        Amends the Chicago Teacher Article of the Pension Code.  Provides      
   for mandatory State contributions to the Chicago Teacher Pension Fund.      
   Effective immediately.                                                      
          PENSION NOTE (Ill. Pension Laws Commission)                          
          SB 137 would provide additional State funding to CTRS, equal to      
          20% of the increase in TRS appropriations over 1999 levels as        
          follows:                                                             
          FY2020                                            331.1 million      
          FY2030                                            613.0 million      
          FY2040                                           1078.7 million      
          FY2045                                           1407.0 million      
   99-02-02  S  FIRST READING                                                  
   99-02-02  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   99-02-03  S       ASSIGNED TO COMMITTEE               INS & PENS.           
   99-02-09  S                        PENSION NOTE FILED                       
   99-03-10  S       TO SUBCOMMITTEE                                           
   99-03-10  S                   COMMITTEE               INS & PENS.           
   99-03-20  S  RE-REFERRED TO RULES COMM/RULE 3-9(A)    RULES                 
   01-01-09  S  SESSION SINE DIE                                               

   END OF INQUIRY 


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