HB4575 amends the Chicago Teacher Pension Fund election process for trustees.
HB4575 modifies the election process for trustees of the Chicago Teacher Pension Fund. Trustees elected by contributors who are not administrators must have candidacy petitions filed by October 1 of the election year. If only one eligible candidate is nominated, the election is skipped and the nominated candidate is declared elected. Otherwise, the candidate with the highest number of votes is declared elected. The bill also specifies that the Board of Education may fill vacancies in the Board at any regular meeting.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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