Illinois General Assembly - Bill Status for HB4765
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 Bill Status of HB4765  94th General Assembly


House Sponsors
Rep. Richard T. Bradley

Last Action
DateChamber Action
  1/9/2007HouseSession 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.

DateChamber Action
  1/18/2006HouseFiled with the Clerk by Rep. Richard T. Bradley
  1/18/2006HouseFirst Reading
  1/18/2006HouseReferred to Rules Committee
  1/9/2007HouseSession Sine Die

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