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Bill Information Bill Number: HB0869 Title: Maximum Allowable Service Retirement Pension Sponsor: Molaro (D) Location: House Rules Committee Summary: Amends the Chicago Teacher Article of the Illinois Pension Code. Raises the maximum allowable service retirement pension from 75% to 80% of average salary. Amends the State Mandates Act to require implementation without reimbursement. Category: Pension/Retirement Last Updated: 2008-09-10 More Information: http://www.ilga.gov/legislation/billstatus.asp?DocNum=0869&GAID=9&GA=95&DocTypeID=HB&LegID=28274&SessionID=51

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