Sen. John J. Cullerton
Filed: 4/5/2019
 
 

 

 

 
10100SB0528sam001LRB101 04289 RPS 58501 a



1
AMENDMENT TO SENATE BILL 528 




2    AMENDMENT NO. ______. Amend Senate Bill 528 by replacing 
3everything after the enacting clause as follows:

 
4    "Section 5. The Illinois Pension Code is amended by 
5changing Section 2-127 as follows:
 



6    (40 ILCS 5/2-127)  (from Ch. 108 1/2, par. 2-127)



7    Sec. 2-127. Board created. The system shall be administered 
8by a board
of trustees of 7 members as follows: 3 the President 
9of the Senate, ex
officio, or his designee; 2 members of the

10Senate appointed by the President; 3 members of the House of

11Representatives appointed by the Speaker; and one person 
12elected
from the member annuitants under rules prescribed by 
13the board. Only
participants are eligible to serve as board 
14members. Not more
than 2 two members of the House of 
15Representatives, and not more than 2 members one member
of the 
16Senate so appointed shall be of the same political party. 
 
 
10100SB0528sam001- 2 -LRB101 04289 RPS 58501 a

1Appointed
board members shall serve for 2-year terms. If the 
2office of President of
the Senate or Speaker of the House is 
3vacant or its incumbent is not
a participant, the position of 
4trustee otherwise occupied by such officers
shall be deemed 
5vacant and be filled by appointment by the Governor with a

6member of the Senate or the House, as the case may be. This 
7appointment
shall be of the same political party as the vacated 
8position.

9    Elections for the annuitant member shall be held in January 
10of 1993 and
every fourth year thereafter. Nominations and

11elections shall be conducted in accordance with such procedures 
12as the
Board may prescribe.  In the event that only one eligible 
13person is
nominated, the Board may declare the nominee elected 
14at the close of the
nomination period, and need not conduct an 
15election.  The annuitant member
elected in 1989 shall serve for 
16a term of 4 years beginning February 1,
1989; thereafter, an 
17annuitant member shall serve for a period of
4 years from the 
18February 1st immediately following the date
of election, and 
19until a successor is elected and qualified.

20    Every person designated to serve as a trustee shall take an 
21oath of
office and shall thereupon qualify as a trustee. The 
22oath shall state that
the person will diligently and honestly 
23administer the affairs of the
system, and will not knowingly 
24violate or wilfully permit the violation of
any of the 
25provisions of this Article.

26(Source: P.A. 86-273; 86-1488.)

 

 
 
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1    Section 99. Effective date. This Act takes effect upon 
2becoming law.".