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94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
SB2861
Introduced 1/20/2006, by Sen. Jeffrey M. Schoenberg SYNOPSIS AS INTRODUCED:
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40 ILCS 5/14-101 |
from Ch. 108 1/2, par. 14-101 |
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Amends the Illinois Pension Code. Makes a technical change in a Section
concerning State employees.
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| PENSION IMPACT NOTE ACT MAY APPLY | |
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A BILL FOR
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SB2861 |
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LRB094 17922 AMC 53225 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 14-101 as follows:
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| (40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101)
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| Sec. 14-101. Creation of system. A retirement and
and |
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| benefit system is created to provide retirement
annuities and |
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| other benefits for employees of the State of Illinois. The
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| system shall be known as the "State Employees' Retirement |
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| System of
Illinois". By such name all its business shall be |
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| transacted and its cash
and other property held in trust for
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| the purposes of this Article. |
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| (Source: P.A. 80-841.)
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