92nd General Assembly
Summary of HB1716
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House Sponsors:
DURKIN.

Short description: 
PEN CD-CHGO TCHR-ERI-STRIKERS                                              

Synopsis of Bill as introduced:
        Amends the Chicago Teacher Article of the Illinois  Pension  Code      
   to  allow  a  person  who began receiving early retirement benefits in      
   1994 to purchase additional service credit for up to 3 weeks  in  1968      
   during  which  the  person  was  prevented  from  working due to civil      
   unrest.  Requires an additional employee contribution.  Makes  payment      
   of  the resulting increase in retirement annuity payable retroactively      
   from the date of retirement.  Amends the State Mandates Act to require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of HB 1716 cannot be determined, as the            
          amount of service credit that would be established is unknown.       
          The fiscal impact is estimated to be minor, as the time period       
          for which service could be established is limited to January         
          1968.                                                                
 
Last action on Bill: SESSION SINE DIE

   Last action date: JAN-07-2003

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



 Full Text  Bill Status