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| | 97TH GENERAL ASSEMBLY
State of Illinois
2011 and 2012
SB1673 Introduced 2/9/2011, by Sen. Kwame Raoul SYNOPSIS AS INTRODUCED:
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40 ILCS 5/9-111 | from Ch. 108 1/2, par. 9-111 |
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Amends the Cook County Article of the Illinois Pension Code. Provides that "re-entrant" does not include any employee who enters service after January 1, 2011 and whose retirement age is 67.
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| | | FISCAL NOTE ACT MAY APPLY | | PENSION IMPACT NOTE ACT MAY APPLY |
| | A BILL FOR |
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| | SB1673 | | LRB097 07605 JDS 47716 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 9-111 as follows:
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| 6 | | (40 ILCS 5/9-111) (from Ch. 108 1/2, par. 9-111)
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| 7 | | Sec. 9-111. Re-entrant. "Re-entrant": Any employee who |
| 8 | | withdraws from service and receives a
refund, and thereafter |
| 9 | | re-enters service prior to age 65, except any employee who |
| 10 | | enters service after January 1, 2011 and whose retirement age |
| 11 | | is 67.
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| 12 | | (Source: Laws 1963, p. 161.)
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