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PEN CD-CHI TEACHERS-ERI

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides an early retirement incentive program for certain teachers who terminate service on or after February 1, 2008 and on or before June 30, 2008 or on or after February 1, 2009 and on or before June 30, 2009. Allows the purchase of up to 5 years of age enhancement and creditable service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Latest Actions
  • 03/23/2007 - Rule 19(a) / Re-referred to Rules Committee
  • 02/27/2007 - Re-assigned to Executive Committee
  • 02/15/2007 - Assigned to Personnel and Pensions Committee
  • 02/07/2007 - Filed with the Clerk by Rep. Robert S. Molaro
  • 02/07/2007 - First Reading

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Bill Text
File name Last Updated
HB0860 Bill Text Introduced PDF07/03/2007