CULLERTON. 40 ILCS 5/17-116 from Ch. 108 1/2, par. 17-116 40 ILCS 5/17-122 from Ch. 108 1/2, par. 17-122 30 ILCS 805/8.24 new Amends the Chicago Teacher Article of the Pension Code to change the period used to determine average salary from 4 years to 3 years. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Increase in accrued liability would be $91.5 million and increase in total annual cost would be $9.4 million (0.66% of payroll). 00-01-19 S FIRST READING 00-01-19 S REFERRED TO SENATE RULES COMMITTEE RULES 00-01-31 S PENSION NOTE FILED 00-01-31 S COMMITTEE RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary