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92_HB5176
LRB9212235EGfg
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 14-101 as follows:
6 (40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101)
7 Sec. 14-101. Creation of retirement system. A retirement
8 and benefit system is created to provide retirement annuities
9 and other benefits for employees of the State of Illinois.
10 The system shall be known as the "State Employees' Retirement
11 System of Illinois". By such name all its business shall be
12 transacted and its cash and other property held in trust for
13 the purposes of this Article.
14 (Source: P.A. 80-841.)