Senate Sponsors: CULLERTON. Short description: PENCD-CHGO TCHR-AVERAGE SALARY Synopsis of Bill as introduced: 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, $91.5 million; in total annual cost, $9.4 million (0.66% of payroll). Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status