94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB1832


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
















LRB094 03166 LRD 33167 b

















PENSION IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 









HB1832

LRB094 03166 LRD 33167 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 15-101 as follows:
 



6
    (40 ILCS 5/15-101)  (from Ch. 108 1/2, par. 15-101)



7
    Sec. 15-101. Creation of system. A
retirement system is 
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created to provide
retirement annuities and
and other benefits 
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for employees,
as defined in this
Article, and their 
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dependents.
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    The system shall be known and may be cited as State 
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Universities Retirement
System. All the business of the system

13
shall be transacted in that name.

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(Source: P.A. 83-1440.)