Bill Text: IL HB0523 | 2011-2012 | 97th General Assembly | Introduced
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago laborers and retirement board employees.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB0523 Detail]
Download: Illinois-2011-HB0523-Introduced.html
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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 11-101 as follows:
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6 | (40 ILCS 5/11-101) (from Ch. 108 1/2, par. 11-101)
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7 | Sec. 11-101. Creation of fund.
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8 | In each city of more than 500,000 inhabitants a Laborers' | ||||||||||||||||||||||||
9 | and
and Retirement
Board Employees' Annuity and Benefit Fund | ||||||||||||||||||||||||
10 | shall be created, set apart,
maintained and administered, in | ||||||||||||||||||||||||
11 | the manner prescribed in this Article, for
the benefit of the | ||||||||||||||||||||||||
12 | laborers and retirement board employees, herein
designated, | ||||||||||||||||||||||||
13 | and their beneficiaries. | ||||||||||||||||||||||||
14 | (Source: Laws 1963, p. 161.)
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