94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB1832

 

Introduced 2/14/2005, by Rep. Michael J. Madigan - Barbara Flynn Currie - Richard T. Bradley

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/15-101   from Ch. 108 1/2, par. 15-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning State universities.


LRB094 03166 LRD 33167 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1832 LRB094 03166 LRD 33167 b

1     AN ACT concerning pensions.
 
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 15-101 as follows:
 
6     (40 ILCS 5/15-101)  (from Ch. 108 1/2, par. 15-101)
7     Sec. 15-101. Creation of system. A retirement system is
8 created to provide retirement annuities and and other benefits
9 for employees, as defined in this Article, and their
10 dependents.
11     The system shall be known and may be cited as State
12 Universities Retirement System. All the business of the system
13 shall be transacted in that name.
14 (Source: P.A. 83-1440.)