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Sen. William R. Haine
Filed: 2/22/2010
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09600SB2984sam001 |
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LRB096 18030 AMC 37233 a |
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| AMENDMENT TO SENATE BILL 2984
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| AMENDMENT NO. ______. Amend Senate Bill 2984 by replacing |
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| everything after the enacting clause with the following:
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| "Section 5. The Illinois Pension Code is amended by |
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| changing Section 7-102 as follows:
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| (40 ILCS 5/7-102) (from Ch. 108 1/2, par. 7-102)
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| Sec. 7-102. Purpose. The
The purpose of this fund is to |
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| provide a sound and
efficient system for
the payment of |
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| annuities and other benefits, in addition to the annuities
and |
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| benefits available, as herein provided, under the Federal |
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| Social
Security Act, to certain officers and employees, and to |
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| their
beneficiaries, of municipalities, as herein defined. |
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| It is the mission of this Fund to efficiently and |
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| impartially develop,
implement and administer programs that |
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| provide income protection to members
and their beneficiaries on |
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| behalf of participating employers in a prudent
manner.
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