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| 1 | AMENDMENT TO SENATE BILL 1961
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| 2 | AMENDMENT NO. ______. Amend Senate Bill 1961, AS AMENDED, | ||||||
| 3 | by replacing everything after the enacting clause with the | ||||||
| 4 | following:
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| 5 | "Section 5. The Illinois Pension Code is amended by | ||||||
| 6 | changing Sections 15-169 and 16-171 as follows:
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| 7 | (40 ILCS 5/15-169) (from Ch. 108 1/2, par. 15-169)
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| 8 | Sec. 15-169. To elect officers and appoint employees. To | ||||||
| 9 | elect officers; to appoint a secretary and treasurer; to have a | ||||||
| 10 | seal;
to employ and fix the rate of pay of such actuarial, | ||||||
| 11 | legal, clerical, audit, medical, or other services, or | ||||||
| 12 | corporate trustee
organized under the laws of this State with a | ||||||
| 13 | capital of not less than
$1,000,000, or investment counsel and | ||||||
| 14 | other persons as shall be required
for the efficient | ||||||
| 15 | administration of the system.
All actions brought by or against | ||||||
| 16 | the board shall be prosecuted or
defended by the Attorney | ||||||
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| 1 | General or by other counsel,
as the board may decide. If the | ||||||
| 2 | board pursues a mandamus action under Section 15-156 of this | ||||||
| 3 | Code as amended by Senate Bill No. 1 of the 98th General | ||||||
| 4 | Assembly in the form passed by the General Assembly, then the | ||||||
| 5 | board may select the counsel of their choice.
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| 6 | (Source: P.A. 98-92, eff. 7-16-13.)
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| 7 | (40 ILCS 5/16-171) (from Ch. 108 1/2, par. 16-171)
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| 8 | Sec. 16-171. To sue and be sued. To sue and be sued in the | ||||||
| 9 | name of the board.
The board shall not be a corporation. The | ||||||
| 10 | board may sue to protect any
rights of the retirement system. | ||||||
| 11 | All actions brought by or against the
board shall be prosecuted | ||||||
| 12 | or defended, as the case may be, by the Attorney
General or | ||||||
| 13 | other counsel. If the board pursues a mandamus action under | ||||||
| 14 | Section 16-158.2 of this Code as amended by Senate Bill No. 1 | ||||||
| 15 | of the 98th General Assembly in the form passed by the General | ||||||
| 16 | Assembly, then the board may select the counsel of their | ||||||
| 17 | choice.
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| 18 | (Source: P.A. 83-1440.)
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| 19 | Section 99. Effective date. This Act takes effect upon | ||||||
| 20 | becoming law.".
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