103RD GENERAL ASSEMBLY
State of Illinois
2023 and 2024
SB1240

 

Introduced 2/2/2023, by Sen. Chapin Rose

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/15-176.5 new

    Amends the State Universities Article of the Illinois Pension Code. Provides that the Board of Trustees of the System shall provide administrative support to the State Universities Retirement System Member Advisory Committee. Effective July 1, 2023.


LRB103 04753 RPS 49762 b

 

 

A BILL FOR

 

SB1240LRB103 04753 RPS 49762 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by adding
5Section 15-176.5 as follows:
 
6    (40 ILCS 5/15-176.5 new)
7    Sec. 15-176.5. To provide administrative support to the
8State Universities Retirement System Member Advisory
9Committee. The Board shall provide administrative support to
10the State Universities Retirement System Member Advisory
11Committee.
 
12    Section 99. Effective date. This Act takes effect July 1,
132023.