SB1366 EngrossedLRB098 07062 JDS 37121 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by adding
5Section 9-119.1 as follows:
 
6    (40 ILCS 5/9-119.1 new)
7    Sec. 9-119.1. Earned annuity. "Earned annuity": (1) The
8annuity a participant has accrued as provided in Section 9-134,
9disregarding minimum age and service eligibility requirements
10and without any reduction due to age, or (2) the age and
11service annuity as provided in Sections 9-125 through 9-128,
12inclusive.
 
13    Section 99. Effective date. This Act takes effect upon
14becoming law.