SAVIANO. 40 ILCS 5/17-119.1 30 ILCS 805/8.25 new Amends the Chicago Teachers Article of the Illinois Pension Code. Provides that a member who elects to receive an optional increase in retirement annuity may make the required contributions in installments over a 24-month period regardless of when the member becomes an annuitant (currently the member must become an annuitant before June 30, 2003). Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. PENSION NOTE (Pension Laws Commission) The fiscal impact of HB 1995 is estimated to be minor. FEB-21-2001 H FILED WITH CLERK FEB-21-2001 H FIRST READING FEB-21-2001 H REFERRED TO HOUSE RULES COMMITTEE RULES FEB-22-2001 H ASSIGNED TO COMMITTEE PERS PENSION MAR-02-2001 H PENSION NOTE FILED MAR-02-2001 H COMMITTEE PERS PENSION MAR-16-2001 H RE-REFERRED TO RULES COMM/RULE 19(A) RULES HRUL JAN-07-2003 H SESSION SINE DIE END OF INQUIRY Full Text Bill Summary