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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB0763
Introduced 2/18/2005, by Sen. Iris Y. Martinez - Emil Jones, Jr. SYNOPSIS AS INTRODUCED:
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40 ILCS 5/8-101 |
from Ch. 108 1/2, par. 8-101 |
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Amends the Illinois Pension Code. Makes a technical change in a Section
concerning Chicago municipal employees, officers, and officials.
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| PENSION IMPACT NOTE ACT MAY APPLY | |
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A BILL FOR
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SB0763 |
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LRB094 04424 AMC 34453 b |
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| AN ACT concerning public employee benefits.
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| Be it enacted by the People of the State of Illinois, |
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| represented in the General Assembly:
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| Section 5. The Illinois Pension Code is amended by changing |
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| Section 8-101 as follows:
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| (40 ILCS 5/8-101) (from Ch. 108 1/2, par. 8-101)
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| Sec. 8-101. Creation of fund. In each city of more than |
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| 500,000 inhabitants a Municipal Employees',
Officers', and
and
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| Officials' Annuity and Benefit Fund shall be created, set
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| apart, maintained and administered, in the manner prescribed in |
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| this
Article, for the benefit of the employees, officers and |
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| officials herein
designated, and their beneficiaries. |
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| (Source: Laws 1963, p. 161.)
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