Bill Text: IL HB0732 | 2025-2026 | 104th General Assembly | Introduced
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning judges.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-01-09 - Referred to Rules Committee [HB0732 Detail]
Download: Illinois-2025-HB0732-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 | |||||||||||||||||||
5 | changing Section 18-101 as follows:
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6 | (40 ILCS 5/18-101) (from Ch. 108 1/2, par. 18-101) | |||||||||||||||||||
7 | Sec. 18-101. Creation of fund. A retirement system is | |||||||||||||||||||
8 | created to be known as the the "Judges Retirement System of | |||||||||||||||||||
9 | Illinois". It shall be a trust separate and distinct from all | |||||||||||||||||||
10 | other entities, maintained for the purpose of securing the | |||||||||||||||||||
11 | payment of annuities and benefits as prescribed herein. | |||||||||||||||||||
12 | (Source: Laws 1963, p. 161 .) |