99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016
Introduced 1/28/2015, by Sen. John J. Cullerton
SYNOPSIS AS INTRODUCED:
40 ILCS 5/14-101
from Ch. 108 1/2, par. 14-101
Amends the Illinois Pension Code. Makes a technical change in a
concerning State employees.
|PENSION IMPACT NOTE ACT MAY APPLY|
A BILL FOR
|SB0439||LRB099 03099 RPS 23107 b|
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 14-101 as follows:
(40 ILCS 5/14-101)
(from Ch. 108 1/2, par. 14-101)
Creation of system.
benefit system is created to provide retirement
other benefits for employees of the State of Illinois. The
system shall be known as the "State Employees' Retirement
Illinois". By such name all its business shall be
transacted and its cash
and other property held in trust for
the purposes of this Article.
(Source: P.A. 80-841.)