State of Illinois
92nd General Assembly
Legislation

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92_HB4508

 
                                               LRB9215748EGfg

 1        AN ACT in relation to 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
 5    changing Section 15-101 as follows:

 6        (40 ILCS 5/15-101) (from Ch. 108 1/2, par. 15-101)
 7        Sec. 15-101.  Creation of system.  A retirement system is
 8    created  to  provide  retirement annuities and other benefits
 9    for  employees,  as  defined  in  this  Article,  and   their
10    dependents.
11        The  system  shall be known and may be cited as the State
12    Universities Retirement System.   All  the  business  of  the
13    system shall be transacted in that name.
14    (Source: P.A. 83-1440.)

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