|
| | 96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB1559 Introduced 02/18/09, by Rep. Michael J. Madigan - Barbara Flynn Currie - Kevin A. McCarthy SYNOPSIS AS INTRODUCED:
| | 40 ILCS 5/18-101 | from Ch. 108 1/2, par. 18-101 |
|
Amends the Illinois Pension Code. Makes a technical change in a Section
concerning judges.
|
| |
| | | PENSION IMPACT NOTE ACT MAY APPLY | |
| | A BILL FOR |
|
|
| | HB1559 | | LRB096 05118 AMC 15184 b |
|
|
| 1 | | AN ACT concerning public employee benefits.
|
| 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 18-101 as follows:
|
| 6 | | (40 ILCS 5/18-101) (from Ch. 108 1/2, par. 18-101)
|
| 7 | | Sec. 18-101. Creation of fund. A retirement system is |
| 8 | | created to be known as the
the "Judges Retirement
System of |
| 9 | | Illinois". It shall be a trust separate and distinct from all
|
| 10 | | other entities, maintained for the purpose of securing the |
| 11 | | payment of
annuities and benefits as prescribed herein. |
| 12 | | (Source: Laws 1963, p. 161.)
|