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92_HB4544
LRB9212356EGfg
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.)