SB 2506

  • Illinois Senate Bill
  • 94th Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Chic Tchr Pension Cont Approp

Abstract

Creates the Public School Teachers' Pension and Retirement Fund of Chicago Continuing Appropriation Act. Provides for appropriations from the Common School Fund to the Public School Teachers' Pension and Retirement Fund of Chicago on a continuing monthly basis beginning July 1, 2006, the greater of the amount of one-twelfth of $65,044,700 or the amount of the vouchers for required State contributions lawfully submitted by the Board of Trustees of the Public School Teachers' Pension and Retirement Fund of Chicago for that month under the School Code. Provides for distribution of the appropriation on the 15th day of each month. Effective immediately.

Bill Sponsors (1)

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Jan 09, 2007

Senate

Session Sine Die

Jan 18, 2006

Senate

Filed with Secretary by Sen. Iris Y. Martinez

Senate

First Reading

Senate

Referred to Rules

Bill Text

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