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92_SB0190
LRB9203357EGfg
1 AN ACT concerning appropriations for teacher pensions.
2 Be it enacted by the People of the State of Illinois,
3 represented in the General Assembly:
4 Section 1. Short title. This Act may be cited as the
5 Chicago Teacher Pension Fund Continuing Appropriation Act.
6 Section 5. Continuing appropriation. There is
7 appropriated from the Common School Fund to the Public School
8 Teachers' Pension and Retirement Fund of Chicago, on a
9 continuing monthly basis beginning July 1, 2001, the amount,
10 if any, by which the total available amount of all other
11 appropriations to that Retirement Fund for the payment of
12 State contributions is less than the total amount of the
13 vouchers for required State contributions lawfully submitted
14 by the Fund for that month under Section 17-127 of the
15 Illinois Pension Code.
16 Section 99. Effective date. This Act takes effect July
17 1, 2001.