HB 4797

  • Illinois House Bill
  • 94th 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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Actions


Jan 09, 2007

House

Session Sine Die

Jan 18, 2006

House

Filed with the Clerk by Rep. Robert S. Molaro

House

First Reading

House

Referred to Rules Committee

Bill Text

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