State of Illinois
92nd General Assembly
Legislation

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92_SB1916

 
                                               LRB9213461EGfg

 1        AN ACT in relation to 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
 5    changing Section 11-101 as follows:

 6        (40 ILCS 5/11-101) (from Ch. 108 1/2, par. 11-101)
 7        Sec. 11-101. Creation of fund.  In each city of more than
 8    500,000   inhabitants,   a  Laborers'  and  Retirement  Board
 9    Employees' Annuity and Benefit Fund  shall  be  created,  set
10    apart,  maintained and administered, in the manner prescribed
11    in  this  Article,  for  the  benefit  of  the  laborers  and
12    retirement  board  employees,  herein  designated   in   this
13    Article, and their beneficiaries.
14    (Source: Laws 1963, p. 161.)

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