Sen. John J. Cullerton

Filed: 5/16/2012





09700HB3076sam001LRB097 06263 PJG 69634 a


2    AMENDMENT NO. ______. Amend House Bill 3076 by replacing
3everything after the enacting clause with the following:
4    "Section 5. The Illinois Pension Code is amended by
5changing Section 7-102 as follows:
6    (40 ILCS 5/7-102)  (from Ch. 108 1/2, par. 7-102)
7    Sec. 7-102. Purpose. The The purpose of this fund is to
8provide a sound and efficient system for the payment of
9annuities and other benefits, in addition to the annuities and
10benefits available, as herein provided, under the Federal
11Social Security Act, to certain officers and employees, and to
12their beneficiaries, of municipalities, as herein defined.
13    It is the mission of this Fund to efficiently and
14impartially develop, implement and administer programs that
15provide income protection to members and their beneficiaries on
16behalf of participating employers in a prudent manner.



09700HB3076sam001- 2 -LRB097 06263 PJG 69634 a

1(Source: P.A. 87-740.)".