Full Text of SB0446 94th General Assembly
SB0446eng 94TH GENERAL ASSEMBLY
|
|
|
SB0446 Engrossed |
|
LRB094 09862 AMC 40119 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 |
| Sections 17-137 and 17-138 as follows:
| 6 |
| (40 ILCS 5/17-137) (from Ch. 108 1/2, par. 17-137)
| 7 |
| Sec. 17-137. Board created. There shall be elected a Board | 8 |
| of Trustees,
herein also referred to as the "Board", to | 9 |
| administer and
control the Fund
created by this Article. The | 10 |
| Board shall consist of 12
members, 2 of whom shall be appointed | 11 |
| by
members of the Board of Education, 6
of whom shall be | 12 |
| contributors who are not principals, one of whom shall be a
| 13 |
| contributor who is a principal, and 3 of whom shall be | 14 |
| pensioners,
all to be chosen as provided in this Article. The | 15 |
| terms of the 2 members of the Board serving on the effective | 16 |
| date of this amendatory Act of the 94th General Assembly who | 17 |
| are members of the Board of Education shall expire when the 2 | 18 |
| members appointed by the Board of Education are appointed and | 19 |
| qualified to act.
| 20 |
| (Source: P.A. 89-136, eff. 7-14-95; 90-566, eff. 1-2-98.)
| 21 |
| (40 ILCS 5/17-138) (from Ch. 108 1/2, par. 17-138)
| 22 |
| Sec. 17-138. Board membership. At the first meeting of the | 23 |
| Board of
Education in November of each year, the Board of | 24 |
| Education
shall appoint one person
of its members to serve , | 25 |
| while a member of the Board of
Education, on the Board of | 26 |
| Trustees for a term of 2 years , except that in November 2005, | 27 |
| the Board shall appoint a second person for a term of one year . | 28 |
| Members of the Board of Trustees appointed by the Board of | 29 |
| Education shall be selected from among the members of the Board | 30 |
| of Education, the chief financial officer of the Board of | 31 |
| Education, the comptroller of the Board of Education, the |
|
|
|
SB0446 Engrossed |
- 2 - |
LRB094 09862 AMC 40119 b |
|
| 1 |
| treasurer of the Board of Education, and full-time employees of | 2 |
| the Board of Education who are, in the sole discretion of the | 3 |
| Board of Education, versed in its fiscal affairs.
| 4 |
| On the last school day of the 4th week of October of each | 5 |
| year there
shall be elected 2 members of the Board from the | 6 |
| teachers other
than principals, who shall hold office for terms | 7 |
| of 3 years
while retaining their status as teachers other than | 8 |
| principals, and other
members to fill unexpired terms. In the | 9 |
| event that schools are not in session
on or during the week | 10 |
| prior to the last Friday in October, this election shall
be | 11 |
| held on the Friday of the first subsequent full week of school. | 12 |
| The
election shall be by secret ballot and shall be held in | 13 |
| such manner as the
Board by bylaws or rules shall provide. Only | 14 |
| teachers who are
not principals shall be eligible to vote in | 15 |
| the election.
| 16 |
| During the first week of November of 1995 and every third | 17 |
| year thereafter,
one contributor who is a principal shall be | 18 |
| elected a member of the Board. This trustee shall hold office | 19 |
| for a term of 3 years while
retaining
his or her status as a | 20 |
| principal. The election shall be by mail ballot and
only | 21 |
| contributors who are principals shall be eligible to vote. The | 22 |
| election
shall be held in the manner provided by the Board by | 23 |
| rule or
bylaw.
| 24 |
| During the first week of November of each odd-numbered year | 25 |
| there shall
be elected 3 members of the Board from the | 26 |
| pensioners,
who shall hold office for a term of 2 years while | 27 |
| retaining their status
as pensioners. The election shall be by | 28 |
| mail ballot to all service and
disability pensioners, and shall | 29 |
| be held in such manner as the Board by bylaws or rules shall | 30 |
| provide.
| 31 |
| All trustees, while appointees
members of the Board of | 32 |
| Education or while
principals, teachers other than principals, | 33 |
| or pensioners, as the
case may be, shall hold their offices
| 34 |
| until their successors shall have been appointed or elected and | 35 |
| qualified by
subscribing to the constitutional oath of office | 36 |
| at the immediately succeeding
regular meeting of the Board.
|
|
|
|
SB0446 Engrossed |
- 3 - |
LRB094 09862 AMC 40119 b |
|
| 1 |
| (Source: P.A. 89-136, eff. 7-14-95; 90-566, eff. 1-2-98.)
| 2 |
| Section 99. Effective date. This Act takes effect upon | 3 |
| becoming law.
|
|