HB 1172

  • Illinois House Bill
  • 93rd Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-Purchasing Power Incrs

Abstract

Amends the Chicago Teacher Article of the Illinois Pension Code. Provides for a one-time increase in certain retirement and survivor's annuities. Declares it to be the public policy of this State and the intention of the General Assembly to protect annuitants against significant decreases in the purchasing power of retirement and survivor's annuities. Directs the retirement system to review and report on significant changes in purchasing power. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.

Bill Sponsors (1)

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Jan 11, 2005

House

Session Sine Die

Mar 17, 2003

House

Pension Note Filed

Mar 13, 2003

House

Rule 19(a) / Re-referred to Rules Committee

Feb 05, 2003

House

Assigned to Executive Committee

Feb 04, 2003

House

Filed with the Clerk by Rep. Robert S. Molaro

House

Referred to Rules Committee

House

First Reading

Bill Text

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