Synopsis As Introduced Amends the Downstate Teachers Article of the Illinois Pension Code. Extends the deadline for application for early retirement without discount from June 30, 2005 to June 30, 2010. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
State Mandates Fiscal Note (Illinois State Board of Education)
The text of the bill includes an exemption from the State Mandates Act. While the costs would increase ISBE does not have data available to provide a reliable estimate of the increase in costs.