SAVIANO. 40 ILCS 5/17-116 from Ch. 108 1/2, par. 17-116 30 ILCS 805/8.22 new Amends the Chicago Teacher Article of the Pension Code to eliminate the age discount for persons with at least 30 years of service who retire before age 60. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE Increase in total annual cost is estimated at $9.0 million, 0.66% of payroll; total annual cost will grow as payroll grows. 98-02-17 H FILED WITH CLERK 98-02-17 H FIRST READING 98-02-17 H REFERRED TO HOUSE RULES COMMITTEE RULES 98-05-11 H PENSION NOTE FILED 98-05-11 H COMMITTEE RULES 99-01-12 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary