Senate Sponsors: MOLARO. Short description: PEN CD-CHGO MUNI-CTA CREDIT Synopsis of Bill as introduced: Amends the Chicago Municipal Article of the Pension Code. Waives the employee contribution for certain persons establishing credit for service with the CTA. Requires application before July 1, 2000. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of SB 1051 cannot be calculated, as the amount of service credit that would be established with the re- duced contributions is unknown. There will be a fiscal impact, as the employee contribution (the only currently required con- tribution) is eliminated for certain members if credit is applied for prior to July 1, 2000. 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 Full Text Bill Status