Senate Sponsors: MOLARO. Short description: PEN CD-CHGO TCHR-ST CONTRIB Synopsis of Bill as introduced: Amends the Chicago Teacher Article of the Pension Code. Provides for mandatory State contributions to the Chicago Teacher Pension Fund. Effective immediately. PENSION NOTE (Pension Laws Commission) The increase in State funding to the Chicago Teachers' Pension Fund would be equal to 20% of the increase in TRS appropriation over FY 2000 levels, or $17.1 million in FY 2001. For FY 2005, projected required contributions to TRS would be $1,062.9 mil- lion and the additional CTRS contributions would be $85.8 million. For FY 2045, projected TRS contributions would be $7,530.9 million and additional CTRS contributions would be $1,379.4 million. 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