Sen. Iris Y. Martinez
Filed: 2/14/2006
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1 | AMENDMENT TO HOUSE BILL 2469
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2 | AMENDMENT NO. ______. Amend House Bill 2469 by replacing | ||||||
3 | everything after the enacting clause with the following:
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4 | "Section 5. The Illinois Pension Code is amended by | ||||||
5 | changing Section 17-137 as follows:
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6 | (40 ILCS 5/17-137) (from Ch. 108 1/2, par. 17-137)
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7 | Sec. 17-137. Board created. There shall be elected a Board | ||||||
8 | of Trustees,
herein also referred to as the
the "Board", to | ||||||
9 | administer and
control the Fund
created by this Article. The | ||||||
10 | Board shall consist of 12
members, 2 of whom shall be members | ||||||
11 | of the Board of Education, 6
of whom shall be contributors who | ||||||
12 | are not principals, one of whom shall be a
contributor who is a | ||||||
13 | principal, and 3 of whom shall be pensioners,
all to be chosen | ||||||
14 | as provided in this Article.
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15 | (Source: P.A. 89-136, eff. 7-14-95; 90-566, eff. 1-2-98.)".
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