Illinois General Assembly - Bill Status for HB4765

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Bill Status of HB4765 94th General Assembly

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Short Description: PENCD-CHGO TCHR-REFUND-AUGMENT

House Sponsors
Rep. Richard T. Bradley

Last Action

Date	Chamber	Action
1/9/2007	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/17-119.1

30 ILCS 805/8.30 new

Synopsis As Introduced
Amends the Chicago Teacher Article of the Illinois Pension Code. Eliminates the required contribution for converting past service to the augmented retirement formula, and provides for a refund of such contributions already paid. Also provides for recalculation of the pension and a lump sum payment of the difference between the augmented and unaugmented rates for certain pensioners. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Actions

Date	Chamber	Action
1/18/2006	House	Filed with the Clerk by Rep. Richard T. Bradley
1/18/2006	House	First Reading
1/18/2006	House	Referred to Rules Committee
1/9/2007	House	Session Sine Die

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