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Rep. Michael J. Madigan
Filed: 5/22/2012
| | 09700SB3168ham001 | | LRB097 19119 JWD 69967 a |
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| 1 | | AMENDMENT TO SENATE BILL 3168
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| 2 | | AMENDMENT NO. ______. Amend Senate Bill 3168 by replacing |
| 3 | | everything after the enacting clause with the following:
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| 4 | | "Section 5. The Illinois Pension Code is amended by |
| 5 | | changing Section 14-101 as follows:
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| 6 | | (40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101)
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| 7 | | Sec. 14-101. Creation of system. A retirement and
and |
| 8 | | benefit system is created to provide retirement
annuities and |
| 9 | | other benefits for employees of the State of Illinois. The
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| 10 | | system shall be known as the "State Employees' Retirement |
| 11 | | System of
Illinois". By such name all its business shall be |
| 12 | | transacted and its cash
and other property held in trust for
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| 13 | | the purposes of this Article. |
| 14 | | (Source: P.A. 80-841.)".
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