MAITLAND. 40 ILCS 5/1-116 from Ch. 108 1/2, par. 1-116 Amends the General Provisions Article of the Pension Code. Provides that all pension funds and retirement systems established under the Code must comply with the contribution and benefit limita- tions impose by Section 415 of the United States Internal Revenue Code of 1986 on tax-qualified plans. Effective immediately. PENSION NOTE (Pension Laws Commission) SB568 would not affect the accrued liability or annual costs of any public pension fund or retirement system in Illinois. 99-02-24 S FIRST READING 99-02-24 S REFERRED TO SENATE RULES COMMITTEE RULES 99-02-24 S ASSIGNED TO COMMITTEE INS & PENS. 99-03-08 S PENSION NOTE FILED 99-03-10 S TO SUBCOMMITTEE 99-03-10 S COMMITTEE INS & PENS. 99-03-20 S RE-REFERRED TO RULES COMM/RULE 3-9(A) RULES 01-01-09 S SESSION SINE DIE END OF INQUIRY Full Text Bill Summary