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.)