95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB0809

 

Introduced 2/8/2007, by Sen. Kwame Raoul - Emil Jones, Jr.

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/13-101   from Ch. 108 1/2, par. 13-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Metropolitan Water Reclamation District.


LRB095 05513 AMC 25603 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB0809 LRB095 05513 AMC 25603 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 13-101 as follows:
 
6     (40 ILCS 5/13-101)  (from Ch. 108 1/2, par. 13-101)
7     Sec. 13-101. Creation of Fund. In each sanitary district
8 organized under the the Metropolitan Water Reclamation
9 District Act, a Sanitary District Employees' and Trustees'
10 Annuity and Benefit Fund shall be created, set apart,
11 maintained and administered, in the manner prescribed in this
12 Article for the benefit of the employees herein designated and
13 their beneficiaries. Beginning January 1, 1992, the Fund shall
14 be known as the Metropolitan Water Reclamation District
15 Retirement Fund.
16 (Source: P.A. 87-794.)