Illinois General Assembly - Bill Status for HB4833
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 Bill Status of HB4833  96th General Assembly


Short Description:  PENCD-CHGO TCHR-REFUND-AUGMENT

House Sponsors
Rep. Robert Rita

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
40 ILCS 5/17-119.1
30 ILCS 805/8.34 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 
DateChamber Action
  1/12/2010HouseFiled with the Clerk by Rep. Robert Rita
  1/12/2010HouseFirst Reading
  1/12/2010HouseReferred to Rules Committee
  1/11/2011HouseSession Sine Die

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