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(30 ILCS 105/6z-61)
Sec. 6z-61.
Transfers from Pension Contribution Fund.
(a) As soon as practicable after the effective date of this
amendatory Act of the 93rd General Assembly, the State Comptroller shall
direct and the State Treasurer shall transfer from the Pension
Contribution Fund to the Teachers' Retirement System of Illinois
an amount equal to the unexpended balance of the fiscal year 2004
appropriations to the System from the General Revenue Fund, the
Education Assistance Fund, the Common School Fund, and the State
Pensions Fund so that the amount received by the System in fiscal year
2004 is equal to the fiscal year 2004 certified contribution amount for
the System as determined under Section 16-158 of the Illinois Pension Code.
(b) As soon as practicable after the effective date of this
amendatory Act of the 93rd General Assembly, the State Comptroller shall
direct and the State Treasurer shall transfer from the Pension
Contribution Fund to the State Universities Retirement System an amount
equal to the unexpended balance of the fiscal year 2004 appropriations to
the System from the General Revenue Fund, the Education Assistance Fund,
and the State Pensions Fund so that the amount received by the System
in fiscal year 2004 is equal to the fiscal year 2004 certified
contribution amount for the System as determined under Section 15-165 of the
Illinois Pension Code.
(c) As soon as practicable after the effective date of this
amendatory Act of the 93rd General Assembly, the State Comptroller shall
direct and the State Treasurer shall transfer from the Pension
Contribution Fund to the Judges Retirement System of Illinois an amount
equal to the unexpended balance of the fiscal year 2004 appropriations to
the System from the General Revenue Fund and the State Pensions Fund so
that the amount received by the System in fiscal year 2004 is equal to
the fiscal year 2004 certified contribution amount for the System as
determined under Section 18-140 of the Illinois Pension Code.
(d) As soon as practicable after the effective date of this
amendatory Act of the 93rd General Assembly, the State Comptroller shall
direct and the State Treasurer shall transfer from the Pension
Contribution Fund to the General Assembly Retirement System an amount
equal to the unexpended balance of the fiscal year 2004 appropriations to
the System from the General Revenue Fund and the State Pensions Fund so
that the amount received by the System in fiscal year 2004 is equal to
the fiscal year 2004 certified contribution amount for the System as
determined under Section 2-134 of the Illinois Pension Code.
(e) As soon as practicable after the effective date of this
amendatory Act of the 93rd General Assembly, and taking into
consideration the transfers provided for by subsections (a), (b), (c), and (d),
the State Comptroller shall direct and the State Treasurer shall
transfer the remaining balance in the Pension Contribution Fund to the
State Employees' Retirement System of Illinois.
(Source: P.A. 93-665, eff. 3-5-04.) |
