91st General Assembly
Status of HB3537
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 Full Text  Bill Summary

   40 ILCS 5/17-127          from Ch. 108 1/2, par. 17-127                     
   40 ILCS 5/17-130.1        from Ch. 108 1/2, par. 17-130.1                   

        Amends the Chicago Teacher Article of the Pension Code.  Provides      
   for mandatory State contributions to the Chicago Teacher Pension Fund.      
   Effective immediately.                                                      
          PENSION NOTE (Pension Laws Commission)                               
          The increase in State funding to the Chicago Teachers' Pension       
          Fund would be equal to 20% of the increase in TRS appropriation      
          over FY 2000 levels, or $17.1 million in FY 2001. The FY 2045        
          projected TRS contributions would be $7,530.9 million and CTRS       
          would be $1,379.4 million.                                           
   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