99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
Introduced 2/20/2015, by Sen. William E. Brady
SYNOPSIS AS INTRODUCED:
40 ILCS 5/2-101
from Ch. 108 1/2, par. 2-101
Amends the Illinois Pension Code. Makes a technical change in a
concerning the General Assembly.
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A BILL FOR
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AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Illinois Pension Code is amended by changing
Section 2-101 as follows:
(40 ILCS 5/2-101)
(from Ch. 108 1/2, par. 2-101)
Creation of system.
A retirement system is
created to provide retirement annuities,
other benefits for members of the
certain elected state officials and their beneficiaries.
The system shall be known as the "General Assembly
All its funds and property shall be a trust
separate from all other
entities, maintained for the purpose of
securing payment of annuities and
benefits under this Article.
(Source: P.A. 83-1440.)