91st General Assembly
Summary of HB0351
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House Sponsors:

Short description: 
PEN CD-CHGO TCHR-SURVIVORS MIN                                             

Synopsis of Bill as introduced:
        Amends the Chicago Teacher Article of the Illinois 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)                               
          Increase in accrued liability                     $10.0 million      
          Increase in total annual cost (0.03% of payroll)  $ 0.5 million      
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


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