Public Act 100-0904
 
HB4661 EnrolledLRB100 16897 RPS 32038 b

    AN ACT concerning public employee benefits.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Pension Code is amended by changing
Section 1-113.18 as follows:
 
    (40 ILCS 5/1-113.18)
    Sec. 1-113.18. Ethics training. All board members of a
retirement system, pension fund, or investment board created
under this Code must attend ethics training of at least 8 hours
per year. The training required under this Section shall
include training on ethics, fiduciary duty, and investment
issues and any other curriculum that the board of the
retirement system, pension fund, or investment board
establishes as being important for the administration of the
retirement system, pension fund, or investment board. The
Supreme Court of Illinois shall be responsible for ethics
training and curriculum for judges designated by the Court to
serve as members of a retirement system, pension fund, or
investment board. Each board shall annually certify its
members' compliance with this Section and submit an annual
certification to the Division of Insurance of the Department of
Financial and Professional Regulation. Judges shall annually
certify compliance with the ethics training requirement and
shall submit an annual certification to the Chief Justice of
the Supreme Court of Illinois. For an elected or appointed
trustee under Article 3 or 4 of this Code, fulfillment of the
requirements of Section 1-109.3 satisfies the requirements of
this Section.
(Source: P.A. 96-6, eff. 4-3-09.)
 
    Section 99. Effective date. This Act takes effect upon
becoming law.