97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
HB0525

 

Introduced 01/31/11, by Rep. Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/13-101  from Ch. 108 1/2, par. 13-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Metropolitan Water Reclamation District.


LRB097 03352 JDS 43389 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB0525LRB097 03352 JDS 43389 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by changing
5Section 13-101 as follows:
 
6    (40 ILCS 5/13-101)  (from Ch. 108 1/2, par. 13-101)
7    Sec. 13-101. Creation of Fund. In each sanitary district
8organized under the the Metropolitan Water Reclamation
9District Act, a Sanitary District Employees' and Trustees'
10Annuity and Benefit Fund shall be created, set apart,
11maintained and administered, in the manner prescribed in this
12Article for the benefit of the employees herein designated and
13their beneficiaries. Beginning January 1, 1992, the Fund shall
14be known as the Metropolitan Water Reclamation District
15Retirement Fund.
16(Source: P.A. 87-794.)