91st General Assembly
Status of HB3451
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 Full Text  Bill Summary

   40 ILCS 5/17-142.1        from Ch. 108 1/2, par. 17-142.1                   
   30 ILCS 805/8.24 new                                                        

        Amends the Chicago Teacher Article of the Pension Code to  change      
   the  annual  limit  on  the  amount of reimbursement to annuitants for      
   health insurance costs, from $25,000,000 to $40,000,000.   Amends  the      
   State  Mandates  Act  to require implementation without reimbursement.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          Because of the increased amount paid as health insurance costs       
          by the Fund, the potential for slightly lower investment earn-       
          ings in future years exists.                                         
   00-01-20  H  FIRST READING                                                  
   00-01-20  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   00-01-31  H                        PENSION NOTE FILED                       
   00-01-31  H                   COMMITTEE               RULES                 
   01-01-09  H  SESSION SINE DIE                                               


 Full Text  Bill Summary