Senate Sponsors: O'MALLEY. Short description: PEN CD-CHGO TCHR-GRIEVANCE-ERI Synopsis of Bill as introduced: Amends the Chicago Teacher Article of the Illinois Pension Code. Provides a recalculation of retirement pension for a person who retired on June 15, 1998 and received a backpay award as a result of a grievance proceeding. Backdates the pension to October 1, 1994, authorizes inclusion of the backpay award, and in addition authorizes the person to receive early retirement incentives (up to 5 years of creditable service and 5 years of age enhancement). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of SB 278 has not been determined, but is estimated to be minor, as the number of members who would be eligible to participate in the ERI is expect to be very small. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status