92nd General Assembly
Status of HB1716
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 Full Text  Bill Summary

   40 ILCS 5/17-116.4                                                          
   30 ILCS 805/8.25 new                                                        

        Amends the Chicago Teacher Article of the Illinois  Pension  Code      
   to  allow  a  person  who began receiving early retirement benefits in      
   1994 to purchase additional service credit for up to 3 weeks  in  1968      
   during  which  the  person  was  prevented  from  working due to civil      
   unrest.  Requires an additional employee contribution.  Makes  payment      
   of  the resulting increase in retirement annuity payable retroactively      
   from the date of retirement.  Amends the State Mandates Act to require      
   implementation without reimbursement.  Effective immediately.               
          PENSION NOTE (Illinois Pension Laws Commission)                      
          The fiscal impact of HB 1716 cannot be determined, as the            
          amount of service credit that would be established is unknown.       
          The fiscal impact is estimated to be minor, as the time period       
          for which service could be established is limited to January         
   FEB-15-2001  H  FILED WITH CLERK                                               
   FEB-15-2001  H  FIRST READING                                                  
   FEB-15-2001  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-21-2001  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   FEB-27-2001  H                        PENSION NOTE FILED                       
   FEB-27-2001  H                   COMMITTEE               PERS PENSION          
   MAR-16-2001  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary