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| | SB1961 Enrolled | | LRB098 10237 JWD 40397 b |
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| 1 | | AN ACT concerning State government.
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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 changing |
| 5 | | Sections 15-169 and 16-171 as follows:
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| 6 | | (40 ILCS 5/15-169) (from Ch. 108 1/2, par. 15-169)
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| 7 | | Sec. 15-169. To elect officers and appoint employees. To |
| 8 | | elect officers; to appoint a secretary and treasurer; to have a |
| 9 | | seal;
to employ and fix the rate of pay of such actuarial, |
| 10 | | legal, clerical, audit, medical, or other services, or |
| 11 | | corporate trustee
organized under the laws of this State with a |
| 12 | | capital of not less than
$1,000,000, or investment counsel and |
| 13 | | other persons as shall be required
for the efficient |
| 14 | | administration of the system.
All actions brought by or against |
| 15 | | the board shall be prosecuted or
defended by the Attorney |
| 16 | | General or by other counsel,
as the board may decide. If the |
| 17 | | board pursues a mandamus action under Section 15-156 of this |
| 18 | | Code as amended by Senate Bill No. 1 of the 98th General |
| 19 | | Assembly in the form passed by the General Assembly, then the |
| 20 | | board may select the counsel of their choice.
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| 21 | | (Source: P.A. 98-92, eff. 7-16-13.)
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| 22 | | (40 ILCS 5/16-171) (from Ch. 108 1/2, par. 16-171)
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