94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB1819

 

Introduced 2/14/2005, by Rep. Michael J. Madigan - Barbara Flynn Currie - Richard T. Bradley

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/11-101   from Ch. 108 1/2, par. 11-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago laborers and retirement board employees.


LRB094 03160 LRD 33161 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1819 LRB094 03160 LRD 33161 b

1     AN ACT concerning 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 11-101 as follows:
 
6     (40 ILCS 5/11-101)  (from Ch. 108 1/2, par. 11-101)
7     Sec. 11-101. Creation of fund.
8     In each city of more than 500,000 inhabitants a Laborers'
9 and and Retirement Board Employees' Annuity and Benefit Fund
10 shall be created, set apart, maintained and administered, in
11 the manner prescribed in this Article, for the benefit of the
12 laborers and retirement board employees, herein designated,
13 and their beneficiaries.
14 (Source: Laws 1963, p. 161.)