96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB1568

 

Introduced 2/18/2009, by Rep. Michael J. Madigan - Kevin A. McCarthy - Barbara Flynn Currie

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/9-101   from Ch. 108 1/2, par. 9-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning Cook County.


LRB096 05108 AMC 15174 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1568 LRB096 05108 AMC 15174 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 9-101 as follows:
 
6     (40 ILCS 5/9-101)  (from Ch. 108 1/2, par. 9-101)
7     Sec. 9-101. Creation of fund. In each county of more than
8 3,000,000 inhabitants a County Employees' and and Officers'
9 Annuity and Benefit Fund shall be created, set apart,
10 maintained and administered, in the manner prescribed in this
11 Article, for the benefit of the employees and officers herein
12 designated and their beneficiaries.
13 (Source: P.A. 90-32, eff. 6-27-97.)