HB 3396

  • Illinois House Bill
  • 97th Regular Session
  • Introduced in House
  • House
  • Senate
  • Governor

Pen Cd-Purchasing Power Incrs

Abstract

Amends the Chicago Teachers 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 08, 2013

House

Session Sine Die

Mar 17, 2011

House

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

Feb 28, 2011

House

Assigned to Executive Committee

Feb 24, 2011

House

Filed with the Clerk by Rep. Robert Rita

House

First Reading

House

Referred to Rules Committee

Bill Text

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