|
|
|
|
93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB4905
Introduced 02/04/04, by Brandon W. Phelps SYNOPSIS AS INTRODUCED:
|
|
40 ILCS 5/14-101 |
from Ch. 108 1/2, par. 14-101 |
|
Amends the Illinois Pension Code. Makes a technical change in a Section
concerning State employees.
|
| |
|
|
|
|
A BILL FOR
|
|
|
|
|
HB4905 |
|
LRB093 19572 LRD 45312 b |
|
|
| 1 |
| AN ACT in relation to pensions.
|
| 2 |
| Be it enacted by the People of the State of Illinois, |
| 3 |
| represented in the General Assembly:
|
| 4 |
| Section 5. The Illinois Pension Code is amended by changing
|
| 5 |
| Section 14-101 as follows:
|
| 6 |
| (40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101)
|
| 7 |
| Sec. 14-101. Creation of retirement and benefit system.
A |
| 8 |
| retirement and benefit system is created to provide retirement
|
| 9 |
| annuities and other benefits for employees of the State of |
| 10 |
| Illinois. The
system shall be known as the "State Employees' |
| 11 |
| Retirement System of
Illinois". By such name all its business |
| 12 |
| shall be transacted and its cash
and other property held in |
| 13 |
| trust for
the purposes of this Article.
|
| 14 |
| (Source: P.A. 80-841.)
|