96TH GENERAL ASSEMBLY
State of Illinois
2009 and 2010
HB1567

 

Introduced 2/18/2009, by Rep. Michael J. Madigan - Barbara Flynn Currie - Kevin A. McCarthy

 

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.


LRB096 05109 AMC 15175 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB1567 LRB096 05109 AMC 15175 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.)