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| | 98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB0407 Introduced , by Rep. Michael J. Madigan SYNOPSIS AS INTRODUCED:
| | 40 ILCS 5/13-101 | from Ch. 108 1/2, par. 13-101 |
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Amends the Illinois Pension Code. Makes a technical change in a Section
concerning the Metropolitan Water Reclamation District.
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| | | PENSION IMPACT NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | HB0407 | | LRB098 03239 JDS 33254 b |
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| 1 | | AN ACT concerning public employee benefits.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Pension Code is amended by changing |
| 5 | | Section 13-101 as follows:
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| 6 | | (40 ILCS 5/13-101) (from Ch. 108 1/2, par. 13-101)
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| 7 | | Sec. 13-101. Creation of Fund. In each sanitary district |
| 8 | | organized
under the
the Metropolitan Water Reclamation |
| 9 | | District Act, a Sanitary District
Employees' and Trustees' |
| 10 | | Annuity and Benefit Fund shall be created, set
apart, |
| 11 | | maintained and administered, in the manner prescribed in this
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| 12 | | Article for the benefit of the employees herein designated and |
| 13 | | their
beneficiaries. Beginning January 1, 1992, the Fund shall |
| 14 | | be known as the
Metropolitan Water Reclamation District |
| 15 | | Retirement Fund. |
| 16 | | (Source: P.A. 87-794.)
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