Bill Text: IL HB4872 | 2011-2012 | 97th General Assembly | Introduced
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning judges.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2013-01-08 - Session Sine Die [HB4872 Detail]
Download: Illinois-2011-HB4872-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
1 | AN ACT concerning 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 changing | |||||||||||||||||||
5 | Section 18-101 as follows:
| |||||||||||||||||||
6 | (40 ILCS 5/18-101) (from Ch. 108 1/2, par. 18-101)
| |||||||||||||||||||
7 | Sec. 18-101. Creation of fund.
| |||||||||||||||||||
8 | A retirement system is created to be known as the
the | |||||||||||||||||||
9 | "Judges Retirement
System of Illinois". It shall be a trust | |||||||||||||||||||
10 | separate and distinct from all
other entities, maintained for | |||||||||||||||||||
11 | the purpose of securing the payment of
annuities and benefits | |||||||||||||||||||
12 | as prescribed herein. | |||||||||||||||||||
13 | (Source: Laws 1963, p. 161.)
|