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| | HB4412 Engrossed | | LRB100 15616 RPS 30711 b |
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| 1 | | AN ACT concerning public employee benefits.
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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 | | Section 15-169 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. |
| 8 | | (a) To elect officers; to appoint a secretary and |
| 9 | | treasurer; to have a seal;
to employ and fix the rate of pay of |
| 10 | | such actuarial, legal, clerical, audit, medical, or other |
| 11 | | services, or corporate trustee
organized under the laws of this |
| 12 | | State with a capital of not less than
$1,000,000, or investment |
| 13 | | counsel and other persons as shall be required
for the |
| 14 | | efficient administration of the system.
All actions brought by |
| 15 | | or against the board shall be prosecuted or
defended by the |
| 16 | | Attorney General. If the board pursues a mandamus action under |
| 17 | | Section 15-156 of this Code as amended by Senate Bill No. 1 of |
| 18 | | the 98th General Assembly in the form passed by the General |
| 19 | | Assembly, then the board may select the counsel of their |
| 20 | | choice.
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| 21 | | (b) The Board shall make its best efforts to ensure that |
| 22 | | the racial and ethnic makeup of the System's senior |
| 23 | | administrative staff represents the racial and ethnic makeup of |