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| | HB3263 Engrossed | | LRB101 09951 RPS 55053 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois,
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3 | | represented in the General Assembly:
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4 | | Section 5. The Open Meetings Act is amended by adding |
5 | | Section 7.4 as follows: |
6 | | (5 ILCS 120/7.4 new) |
7 | | Sec. 7.4. Required public posting of information by |
8 | | participating municipalities and instrumentalities under the |
9 | | Illinois Municipal Retirement Fund. A participating |
10 | | municipality or instrumentality under Article 7 of the Illinois |
11 | | Pension Code shall post on its publicly available website, if |
12 | | the participating municipality or instrumentality maintains a |
13 | | publicly available website: (1) all documents pertaining to the |
14 | | municipality's or instrumentality's adoption of a resolution |
15 | | to participate under Article 7 of the Illinois Pension Code if |
16 | | the municipality or instrumentality has adopted such a |
17 | | resolution; (2) all documents pertaining to the municipality's |
18 | | or instrumentality's annual projected future contributions |
19 | | under Article 7 of the Illinois Pension Code; and (3) |
20 | | information about the amount of the municipality's or |
21 | | instrumentality's past required contributions to the Illinois |
22 | | Municipal Retirement Fund for each year of participation. This |
23 | | Section does not require a participating municipality or |