|
| | 100TH GENERAL ASSEMBLY
State of Illinois
2017 and 2018
SB0375 Introduced 1/24/2017, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
| | 40 ILCS 5/14-101 | from Ch. 108 1/2, par. 14-101 |
|
Amends the Illinois Pension Code. Makes a technical change in a Section
concerning State employees.
|
| |
| | | PENSION IMPACT NOTE ACT MAY APPLY | |
| | A BILL FOR |
|
|
| | SB0375 | | LRB100 05083 RPS 15093 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 14-101 as follows:
|
| 6 | | (40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101)
|
| 7 | | Sec. 14-101. Creation of system. A retirement and
and |
| 8 | | benefit system is created to provide retirement
annuities and |
| 9 | | other benefits for employees of the State of Illinois. The
|
| 10 | | system shall be known as the "State Employees' Retirement |
| 11 | | System of
Illinois". By such name all its business shall be |
| 12 | | transacted and its cash
and other property held in trust for
|
| 13 | | the purposes of this Article. |
| 14 | | (Source: P.A. 80-841.)
|