093_HB3886
LRB093 12240 LRD 19088 b
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 16-189.1 as follows:
6 (40 ILCS 5/16-189.1) (from Ch. 108 1/2, par. 16-189.1)
7 Sec. 16-189.1. Payment of benefits payable monthly.
8 Retirement annuities and other benefits, unless otherwise
9 specified in this Article, shall be paid in 12 monthly
10 installments on a schedule of payments determined by the
11 Office of the Comptroller as of the first day of each month
12 and shall cover the preceding month or proportionate part
13 thereof then due. Provided, however, upon the death of a
14 member in receipt of a benefit, an annuitant or a
15 beneficiary, benefits shall be paid through the last day of
16 the month in which death occurs.
17 (Source: P.A. 84-1028.)
18 Section 99. Effective date. This Act takes effect upon
19 becoming law.