Date	Chamber	Action
1/13/2009	House	Session Sine Die

Statutes Amended In Order of Appearance

40 ILCS 5/17-131

from Ch. 108 1/2, par. 17-131

30 ILCS 805/8.31 new

Synopsis As Introduced
Amends the Chicago Teacher Article of the Pension Code. Provides that salary received on or after July 1, 2007 for overtime, summer school, and other optional service shall be included in the calculation of salary for pension purposes. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

	Pension Note (Government Forecasting & Accountability)
	According to an analysis prepared by the Fund’s actuary, HB 430 could increase total actuarial liability by $128.6 million - $642.9 million, depending on the increase in pensionable salary.

Actions 

Date	Chamber	Action
1/26/2007	House	Filed with the Clerk by Rep. Richard T. Bradley
1/26/2007	House	First Reading
1/26/2007	House	Referred to Rules Committee
1/31/2007	House	Assigned to Personnel and Pensions Committee
2/15/2007	House	Pension Note Filed
2/27/2007	House	Re-assigned to Executive Committee
3/23/2007	House	Rule 19(a) / Re-referred to Rules Committee
1/13/2009	House	Session Sine Die

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