92nd General Assembly
Summary of SB0673
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Senate Sponsors:
MOLARO.

Short description: 
PEN CD-ART 17-AAI-BASE PENSION                                             

Synopsis of Bill as introduced:
        Amends the Chicago Teachers Article of the Illinois Pension Code.      
   Provides  that  persons  receiving  reversionary  or  duty  disability      
   pensions shall receive automatic annual increases in the  same  manner      
   as persons receiving service retirement and disability retirement           
   pensions. Amends the State Mandates Act to require implementation           
   without reimbursement. Effective immediately.                               
          PENSION NOTE (Pension Laws Commission)                               
          According to the Fund's actuary, the fiscal impact of SB 673         
          is estimated to be minor, as relatively few members receive          
          duty disability or reversionary annuities.                           
 
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 



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