93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5754

 

Introduced 2/6/2004, by Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/13-101   from Ch. 108 1/2, par. 13-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Metropolitan Water Reclamation District.


LRB093 17270 LRD 42936 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5754 LRB093 17270 LRD 42936 b

1     AN ACT in relation to pensions.
 
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 changing
5 Section 13-101 as follows:
 
6     (40 ILCS 5/13-101)  (from Ch. 108 1/2, par. 13-101)
7     Sec. 13-101. Creation of Fund. In each sanitary district
8 organized under the Metropolitan Water Reclamation District
9 Act, a Sanitary District Employees' and Trustees' Annuity and
10 Benefit Fund shall be created, set apart, maintained and
11 administered, in the manner prescribed in this Article for the
12 benefit of the employees herein designated in this Article and
13 their beneficiaries. Beginning January 1, 1992, the Fund shall
14 be known as the Metropolitan Water Reclamation District
15 Retirement Fund.
16 (Source: P.A. 87-794.)