Sen. William R. Haine

Filed: 2/22/2010

 

 


 

 


 
09600SB2984sam001 LRB096 18030 AMC 37233 a

1
AMENDMENT TO SENATE BILL 2984

2     AMENDMENT NO. ______. Amend Senate Bill 2984 by replacing
3 everything after the enacting clause with the following:
 
4     "Section 5. The Illinois Pension Code is amended by
5 changing Section 7-102 as follows:
 
6     (40 ILCS 5/7-102)  (from Ch. 108 1/2, par. 7-102)
7     Sec. 7-102. Purpose. The The purpose of this fund is to
8 provide a sound and efficient system for the payment of
9 annuities and other benefits, in addition to the annuities and
10 benefits available, as herein provided, under the Federal
11 Social Security Act, to certain officers and employees, and to
12 their beneficiaries, of municipalities, as herein defined.
13     It is the mission of this Fund to efficiently and
14 impartially develop, implement and administer programs that
15 provide income protection to members and their beneficiaries on
16 behalf of participating employers in a prudent manner.

 

 

09600SB2984sam001 - 2 - LRB096 18030 AMC 37233 a

1 (Source: P.A. 87-740.)".