SB0795 94TH GENERAL ASSEMBLY

LRB094 04417 AMC 34446 b

94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB0795

Introduced 2/18/2005, by Sen. Iris Y. Martinez - Emil Jones, Jr.

SYNOPSIS AS INTRODUCED:

40 ILCS 5/1A-103

from Ch. 108 1/2, par. 1A-103

Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Public Pension Division of the Department of Insurance.

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by changing Section 1A-103 as follows:

(40 ILCS 5/1A-103)

Sec. 1A-103. Rules. The The Department is authorized to promulgate rules necessary for the administration and enforcement of this Code. Except as otherwise provided under this Code, these rules shall apply only to pension funds established under Article 3 or Article 4 of this Code. Rules adopted pursuant to this Section shall govern where conflict with local rules and regulations exists.

(Source: P.A. 90-507, eff. 8-22-97.)