91st General Assembly
Summary of SB0136
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Senate Sponsors:
MOLARO.

Short description: 
PEN CD-CHGO TCHR-SALARY                                                    

Synopsis of Bill as introduced:
        Amends the Chicago Teacher Article of the Pension Code.  Provides      
   that salary received 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 (Pension Laws Commission)                               
          Increase in accrued liability, $420.5 million; in total annual       
          cost, $30.2 million (2.11% of payroll).                              
 
Last action on Bill: SESSION SINE DIE

   Last action date: 01-01-09

           Location: Senate

 Amendments to Bill: AMENDMENTS ADOPTED: HOUSE -   0     SENATE -   0


   END OF INQUIRY 



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