|
|
|
|
93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5764
Introduced 2/6/2004, by Michael J. Madigan SYNOPSIS AS INTRODUCED:
|
|
40 ILCS 5/15-101 |
from Ch. 108 1/2, par. 15-101 |
|
Amends the Illinois Pension Code. Makes a technical change in a Section
concerning State universities.
|
| |
|
|
| PENSION IMPACT NOTE ACT MAY APPLY | |
|
|
|
A BILL FOR
|
|
|
|
|
HB5764 |
|
LRB093 17266 LRD 42932 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 15-101 as follows:
|
| 6 |
| (40 ILCS 5/15-101) (from Ch. 108 1/2, par. 15-101)
|
| 7 |
| Sec. 15-101. Creation of retirement system. A
retirement |
| 8 |
| system is created to provide
retirement annuities and other |
| 9 |
| benefits for employees,
as defined in this
Article, and their |
| 10 |
| dependents.
|
| 11 |
| The system shall be known and may be cited as State |
| 12 |
| Universities Retirement
System. All the business of the system
|
| 13 |
| shall be transacted in that name.
|
| 14 |
| (Source: P.A. 83-1440.)
|