Michael K. Smith
- Democratic
Primary
Amends the Chicago Teachers Article of the Illinois Pension Code. Provides that a member who retires after June 1, 2004 and before June 30, 2009 and within 6 months of the last day of teaching for which contributions were required may make a one time contribution to the system and thereby avoid early retirement reduction in allowance. Provides that an election by a member to make such a contribution obligates the last Employer to make a one time contribution to the Fund. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
No votes to display
Session Sine Die
Rule 19(a) / Re-referred to Rules Committee
Pension Note Filed
Assigned to Executive Committee
Filed with the Clerk by Rep. Michael K. Smith
Referred to Rules Committee
First Reading
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