Illinois General Assembly - Full Text of SB0814
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Full Text of SB0814  95th General Assembly

SB0814 95TH GENERAL ASSEMBLY


 


 
95TH GENERAL ASSEMBLY
State of Illinois
2007 and 2008
SB0814

 

Introduced 2/8/2007, by Sen. Kwame Raoul - Emil Jones, Jr.

 

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.


LRB095 05517 AMC 25607 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB0814 LRB095 05517 AMC 25607 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 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.)