House Sponsors: MURPHY. Short description: PEN CD-CHGO TCHR-EARLY RETMT Synopsis of Bill as introduced: Amends the Chicago Teacher Article of the Pension Code to extend the early retirement program for persons who retire at the end of the 1999-2000 school year. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) Based on 30% participation (2916 participants): Increase in accrued liability $292.9 million Increase in total annual cost (1.00% of payroll) 14.4 million Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status