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| | 103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024 HB3485 Introduced 2/17/2023, by Rep. Lamont J. Robinson, Jr. SYNOPSIS AS INTRODUCED: |
| 40 ILCS 5/1-107 | from Ch. 108 1/2, par. 1-107 | 30 ILCS 805/8.47 new | |
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Amends the General Provisions Article of the Illinois Pension Code. Provides that every retirement system, pension fund, or other system or fund established under the Code shall (instead of may) indemnify and protect the trustees and staff (instead of the trustees, staff, and consultants) against all damage claims and suits, including the defense thereof, when damages are sought for negligent or wrongful acts alleged to have been committed in the scope of employment or under the direction of the trustees. Amends the State Mandates Act to require implementation without reimbursement by the State.
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| | | STATE MANDATES ACT MAY REQUIRE REIMBURSEMENT MAY APPLY
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| | A BILL FOR |
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| | HB3485 | | LRB103 29157 RPS 55543 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by |
5 | | changing Section 1-107 as follows:
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6 | | (40 ILCS 5/1-107) (from Ch. 108 1/2, par. 1-107)
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7 | | Sec. 1-107.
Indemnification of trustees, consultants and |
8 | | employees of
retirement systems and pension funds. Every |
9 | | retirement system, pension
fund or other system or fund |
10 | | established under this Code shall may indemnify and
protect |
11 | | the trustees and , staff and consultants against all damage |
12 | | claims
and suits, including the defense thereof, when damages |
13 | | are sought for negligent
or wrongful acts alleged to have been |
14 | | committed in the scope of employment
or under the direction of |
15 | | the trustees. Every retirement system, pension fund, or other |
16 | | system or fund established under this Code may indemnify and |
17 | | protect consultants against all damage claims and suits, |
18 | | including the defense thereof, when damages are sought for |
19 | | negligent or wrongful acts alleged to have been committed in |
20 | | the scope of employment or under the direction of the |
21 | | trustees. However, the trustees, staff and
consultants shall |
22 | | not be indemnified for wilful misconduct and gross negligence.
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23 | | Each board is authorized to insure against loss or liability |