SB 501 Illinois Senate · 93rd Regular Session

PEN CD-CHGO TCHR-BUY SERVICE

Summary
Amends the Chicago Teacher Article of the Illinois Pension Code. Allows a retired principal who has more than 30 years of service credit and meets certain other conditions to buy an additional 5 years of service credit and have the pension prospectively recalculated. Amends the State Mandates Act to require implementation without reimbursement. Effective immediately.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2003
Committee Review
Floor Vote
Governor
Introduced Feb 28, 2003 Last action Jan 11, 2005
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
12
Key actions
0
Committee
5
Jan 11, 2005
Senate · Failed
Session Sine Die
Jul 1, 2003
Senate · Referred to committee
Pursuant to Senate Rule 3-9(b) / Referred to Rules
Mar 13, 2003
Senate · Reported by committee
Do Pass Insurance & Pensions; 006-004-000
Mar 5, 2003
Senate · Reported by committee
To Subcommittee
Feb 26, 2003
Senate · Referred to committee
Assigned to Insurance & Pensions
Feb 18, 2003
Senate · Referred to committee
Referred to Rules
0 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
Co
Photo of Debbie DeFrancesco Halvorson
Debbie DeFrancesco Halvorson
DDemocratic
IL
40