PEN CD-DNST TCH-ADMINISTRATIVE House SponsorsRep. Michael K. Smith 1/11/2005HouseSession Sine Die 40 ILCS 5/16-106from Ch. 108 1/2, par. 16-10640 ILCS 5/16-113from Ch. 108 1/2, par. 16-11340 ILCS 5/16-127from Ch. 108 1/2, par. 16-12740 ILCS 5/16-129.140 ILCS 5/16-133.2from Ch. 108 1/2, par. 16-133.240 ILCS 5/16-136.4from Ch. 108 1/2, par. 16-136.440 ILCS 5/16-149.2from Ch. 108 1/2, par. 16-149.240 ILCS 5/16-150from Ch. 108 1/2, par. 16-15040 ILCS 5/16-151from Ch. 108 1/2, par. 16-15140 ILCS 5/16-182from Ch. 108 1/2, par. 16-18240 ILCS 5/16-184from Ch. 108 1/2, par. 16-18440 ILCS 5/16-185from Ch. 108 1/2, par. 16-18540 ILCS 5/16-186.3from Ch. 108 1/2, par. 16-186.3 Amends the Downstate Teacher Article of the Illinois Pension Code. Eliminates the 100-day TRS membership waiting period for persons receiving a retirement annuity under the Chicago Teacher Article. Permits certain teachers who interrupted service under the Chicago Teacher Article because of pregnancy to purchase TRS credit for the period of leave. Incorporates the 2.2% retirement formula into the calculation of the single-sum retirement benefit. Combines the Members' Contribution Reserve and the Employer's Contribution Reserve into a single new Benefit Trust Reserve. Provides for participation in the System by current System employees who elect to participate after a change in position. Provides that a member who elects to receive an optional increase in retirement annuity may make the required contributions in installments over a 24-month period regardless of when the member becomes an annuitant (currently the member must become an annuitant before June 30, 2003). Effective immediately.Pension Note (Pension Laws Commission) The fiscal impact of HB 437 cannot be determined, but is estimated by the System to be minor. 1/29/2003HouseFiled with the Clerk by Rep. Michael K. Smith 1/30/2003HouseFirst Reading 1/30/2003HouseReferred to Rules Committee 2/4/2003HouseAssigned to Executive Committee 3/13/2003HouseRule 19(a) / Re-referred to Rules Committee 3/31/2003HousePension Note Filed 1/11/2005HouseSession Sine Die