MURPHY. 40 ILCS 5/17-122 from Ch. 108 1/2, par. 17-122 30 ILCS 805/8.25 new Amends the Chicago Teacher Article of the Pension Code to increase the minimum total survivor's pension to 50% of the earned retirement pension for survivors of members who died before January 1, 1987. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) According to the Fund's actuary, HB 3361 would increase the accrued liability of the Fund by an estimated $5.6 million. The increase in total annual cost is estimated to be $276,000, or 0.02% of payroll. The total annual cost will grow commen- surate with the payroll. MAR-05-2001 H FILED WITH CLERK MAR-05-2001 H FIRST READING MAR-05-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES MAR-06-2001 H ASSIGNED TO COMMITTEE PERS PENSION MAR-12-2001 H PENSION NOTE FILED MAR-12-2001 H COMMITTEE PERS PENSION MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary