House Sponsors: MADIGAN,MJ-CURRIE-MURPHY. Senate Sponsors: WALSH,T-CRONIN-SHAW Short description: PENSIONS-DOWNSTATE TEACHERS Synopsis of Bill as introduced: Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate teachers. PENSION NOTE (Pension Laws Commission) House Bill 2665 has no fiscal impact. SENATE AMENDMENT NO. 1. Deletes reference to: 40 ILCS 5/16-101 Adds reference to: 40 ILCS 5/15-135 40 ILCS 5/16-127 40 ILCS 5/16-136.2 30 ILCS 805/8.26 new Deletes everything. Amends the Downstate Teacher Article of the Illinois Pension Code. Increases the amount of unused, uncompensated sick leave for which a teacher may receive service credit upon retirement. Provides for a minimum monthly retirement annuity of $30 for each year of service credit up to 30, beginning January 1, 2002. Also amends the State Universities Article to make permanent the provisions allowing retirement at any age with 30 years of service. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status