94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB0792


 
Introduced 2/18/2005, by Sen. Iris Y. Martinez - Emil Jones, Jr.
 
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 04427 AMC 34456 b

















PENSION IMPACT NOTE ACT MAY APPLY
















 


 


A BILL FOR









 









SB0792

LRB094 04427 AMC 34456 b






1
    AN ACT concerning public employee benefits.

 
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. In each city of more than 
8
500,000 inhabitants a Laborers' and
and Retirement
Board 
9
Employees' Annuity and Benefit Fund shall be created, set 
10
apart,
maintained and administered, in the manner prescribed in 
11
this Article, for
the benefit of the laborers and retirement 
12
board employees, herein
designated, and their beneficiaries.
13
(Source: Laws 1963, p. 161.)