Senate Sponsors: SILVERSTEIN. Short description: WWII-SLAVE LABOR-COMPENSATION Synopsis of Bill as introduced: Amends the State Treasurer Act, the Illinois Pension Code, and the Code of Civil Procedure. Requires the State Treasurer and the Illinois State Board of Investment to monitor and report on investments of State moneys, including public pension fund moneys, in companies doing business in Illinois that may owe compensation to Second World War forced or slave labor victims. Authorizes a Second World War forced or slave labor victim or heir of such a victim to bring an action to recover compensation for forced or slave labor. Provides that such an action may not be dismissed for failure to comply with the applicable statute of limitations if the action is commenced before January 1, 2013. Effective immediately. PENSION NOTE (Pension Laws Commission) SB 1709 requires only monitoring and reporting on investments, therefore there would be no impact on the assets of the funds. Last action on Bill: SESSION SINE DIE Last action date: JAN-07-2003 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status