91st General Assembly
Summary of HB3537
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House Sponsors:
CURRIE.

Short description: 
PEN CD-CHGO TCHR-ST CONTRIB                                                

Synopsis of Bill as introduced:
        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.                                           
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: House

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


   END OF INQUIRY 



 Full Text  Bill Status