GA96HB4849 96 HB 4849 PEN CD-PURCHASING POWER INCRS 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. http://www.ilga.gov/legislation/BillStatus.asp?DocNum=4849&GAID=10&DocTypeID=HB&LegId=49291&SessionID=76&GA=96 2010-01-15 00:00:00 House Referred to Rules Committee 1 2 HRUL 2010-01-15 00:00:00 House First Reading 1 1 2010-01-13 00:00:00 House Filed with the Clerk by Rep. Angelo Saviano 0 0 AngeloSaviano House Chief Sponsor