SB2484 95TH GENERAL ASSEMBLY

LRB095 19830 AMC 46221 b

95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB2484

Introduced 2/15/2008, by Sen. Kwame Raoul

SYNOPSIS AS INTRODUCED:

40 ILCS 5/16-191.2 new

Amends the Downstate Teacher Article of the Illinois Pension Code. Adds a Section concerning investment consultants. Contains only a caption.

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by adding Section 16-191.2 as follows:

(40 ILCS 5/16-191.2 new)

Sec. 16-191.2. Investment consultants.