SB3082 101ST GENERAL ASSEMBLY

  
  
 

 
101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
SB3082
 
Introduced 2/6/2020, by Sen. Cristina Castro
 
SYNOPSIS AS INTRODUCED:
 

 
40 ILCS 5/22B-101

     Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Police Officers' Pension Investment Fund.
  


LRB101 19164 RPS 68627 b

PENSION IMPACT NOTE ACT MAY APPLY
 
 
A BILL FOR
 

  
SB3082LRB101 19164 RPS 68627 b


  
1    AN ACT concerning public employee benefits.
  
 
2    Be it enacted by the People of the State of Illinois,
 
3represented in the General Assembly:
  
 
 
4    Section 5. The Illinois Pension Code is amended  by changing 
5Section 22B-101 as follows:
 
6    (40 ILCS 5/22B-101)
7    Sec. 22B-101. Establishment.  The The Police Officers' 
8Pension Investment Fund is created with authority to manage the 
9reserves, funds, assets, securities, properties, and moneys of 
10the police pension funds created pursuant to Article 3 of this 
11Code, all as provided in this Article.

12(Source: P.A. 101-610, eff. 1-1-20.)