92nd General Assembly
Status of HB4506
   [ Home ]   [ Back ]   [ Legislation ]
Please enter a bill number.

 Full Text  Bill Summary


   40 ILCS 5/17-101          from Ch. 108 1/2, par. 17-101                     

        Amends the Illinois Pension Code.  Makes technical changes  in  a      
   Section concerning Chicago teachers.                                        
          PENSION NOTE (Illinois Pension Laws Commission)                      
          House Bill 4506 has no fiscal impact.                                
          FISCAL NOTE, H-AM 2                                                  
          (Public School Teachers' Pension & Retirement Fund of Chicago)       
          Costs associated with the provisions of H-am 2 to HB 4506            
          would be minimal.                                                    
          PENSION NOTE, H-AM 2 (Illinois Pension Laws Commission)              
          According to the Fund's actuary, only one provision of HB 4506,      
          as amended by H-am 2, would have a fiscal impact. That fiscal        
          impact cannot be determined, as the amount of service credit         
          for leaves of absence that would be purchased is unknown. But,       
          there would be a cost to the Fund, as the contributions requir-      
          quired would not cover the full cost of the service credit.          
        HOUSE AMENDMENT NO. 2.                                                 
          Deletes reference to:                                                
          40 ILCS 5/17-101                from Ch. 108 1/2, par. 17-101        
          Adds reference to:                                                   
          40 ILCS 5/17-106                from Ch. 108 1/2, par. 17-106        
          40 ILCS 5/17-119.1                                                   
          40 ILCS 5/17-121                from Ch. 108 1/2, par. 17-121        
          40 ILCS 5/17-134                from Ch. 108 1/2, par. 17-134        
          40 ILCS 5/17-149                from Ch. 108 1/2, par. 17-149        
          30 ILCS 805/8.26 new                                                 
        Deletes everything.  Amends the Chicago Teacher  Article  of  the      
   Illinois  Pension  Code.  Removes the 150-day limitation on the period      
   of temporary  employment  that  a  retired  teacher  is  permitted  to      
   undertake  without  loss  of  retirement benefits.  Eliminates certain      
   restrictions on the types of leave of absence for which credit may  be      
   established.   Increases the maximum total leave from 12 to 36 months.      
   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).   With  respect  to eligibility for a survivor's pension,      
   provides that a surviving spouse must be married to the teacher for at      
   least one year immediately prior  to  the  teacher's  death,  but  not      
   necessarily  at  the time of retirement or withdrawal.  Provides that,      
   beginning January 1, 2003, remarriage at any age by a surviving spouse      
   does not terminate his or her survivor's pension.  Allows a  surviving      
   spouse whose survivor's pension or expectation of a survivor's pension      
   was terminated due to remarriage to reestablish the survivor's pension      
   upon  repayment  of any refund of contributions for survivor's refund,      
   plus  interest.   Amends   the   State   Mandates   Act   to   require      
   implementation without reimbursement.  Effective immediately.               
   FEB-04-2002  H  FILED WITH CLERK                                               
   FEB-04-2002  H  ADDED AS A JOINT SPONSOR                 CURRIE                
   FEB-04-2002  H  ADDED AS A JOINT SPONSOR                 MURPHY                
   FEB-04-2002  H  FIRST READING                                                  
   FEB-04-2002  H  REFERRED TO HOUSE RULES COMMITTEE        RULES                 
   FEB-06-2002  H       ASSIGNED TO COMMITTEE               EXECUTIVE             
   FEB-14-2002  H       RE-ASSIGNED TO COMMITTEE            PERS PENSION          
   FEB-15-2002  H                        PENSION NOTE FILED                       
   FEB-15-2002  H                   COMMITTEE               PERS PENSION          
   FEB-22-2002  H  RE-REFERRED TO RULES COMM/RULE 19(A)     RULES         HRUL    
   MAR-13-2002  H  PRIMARY SPONSOR CHANGED TO               JONES,SHIRLEY         
   MAR-22-2002  H       ASSIGNED TO COMMITTEE               PERS PENSION          
   MAR-22-2002  H  COMMITTEE DEADLINE EXTENDED-RULE         9(B) TO 04/05/02      
   MAR-22-2002  H                   COMMITTEE               PERS PENSION          
   APR-02-2002  H  DO PASS/SHORT DEBATE                     010-000-000   HPPN    
   APR-02-2002  H  PLACED CALENDAR 2ND READING-SHORT DEBATE                       
   APR-02-2002  H                             AMENDMENT NO. 01-JONES,SHIRLEY      
   APR-02-2002  H                     AMENDMENT REFERRED TO HRUL                  
   APR-02-2002  H                             AMENDMENT NO. 02-JONES,SHIRLEY      
   APR-02-2002  H                     AMENDMENT REFERRED TO HRUL                  
   APR-02-2002  H                             AMENDMENT NO. 02-JONES,SHIRLEY      
   APR-02-2002  H  RECOMMENDS BE ADOPTED                    HRUL/004-000-000      
   APR-02-2002  H  FISCAL NOTE REQUESTED AS AMENDED         BY HA #2/BLACK        
   APR-02-2002  H  SECOND READING-SHORT DEBATE                                    
   APR-02-2002  H  HELD ON CAL ORDER 2ND RDG - SHORT DEBATE                       
   APR-03-2002  H  FISCAL NOTE FILED AS AMENDED             BY HOUSE AMEND #2     
   APR-03-2002  H  PENSION NOTE FILED AS AMENDED            BY HOUSE AMEND #2     
   APR-03-2002  H                             AMENDMENT NO. 02-JONES,SHIRLEY      
   APR-03-2002  H                                   ADOPTED                       
   APR-03-2002  H  ADDED AS A CO-SPONSOR                    GILES                 
   APR-03-2002  H  MOTION PREVAILED                         061-056-001           
   APR-03-2002  H  PLCD CAL ORDER 3RD READING-SHORT DEBATE                        
   APR-04-2002  H  TABLED PURSUANT TO RULE 40(a)            HA #01                
   APR-04-2002  H  THIRD READING/SHORT DEBATE/PASSED        096-022-000           
   APR-04-2002  S  ARRIVE IN SENATE                                               
   APR-04-2002  S  PLACED CALENDAR ORDER OF FIRST READING   02-04-09              
   APR-04-2002  S  CHIEF SPONSOR                            MOLARO                
   APR-09-2002  S  FIRST READING                                                  
   APR-09-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   JAN-07-2003  H  SESSION SINE DIE                                               


 Full Text  Bill Summary