Bill Text: IL SB0296 | 2021-2022 | 102nd General Assembly | Introduced
Bill Title: Amends the General Provisions Article of the Illinois Pension Code. Provides that every retirement system, pension fund, or other system or fund established under the Code shall (instead of may) indemnify and protect the trustees and staff (instead of the trustees, staff, and consultants) against all damage claims and suits, including the defense thereof, when damages are sought for negligent or wrongful acts alleged to have been committed in the scope of employment or under the direction of the trustees. Amends the State Mandates Act to require implementation without reimbursement by the State.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2021-02-19 - Referred to Assignments [SB0296 Detail]
Download: Illinois-2021-SB0296-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,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Pension Code is amended by | ||||||||||||||||||||||||||
5 | changing Section 1-107 as follows:
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6 | (40 ILCS 5/1-107) (from Ch. 108 1/2, par. 1-107)
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7 | Sec. 1-107.
Indemnification of trustees, consultants and | ||||||||||||||||||||||||||
8 | employees of
retirement systems and pension funds. Every | ||||||||||||||||||||||||||
9 | retirement system, pension
fund or other system or fund | ||||||||||||||||||||||||||
10 | established under this Code shall may indemnify and
protect | ||||||||||||||||||||||||||
11 | the trustees and , staff and consultants against all damage | ||||||||||||||||||||||||||
12 | claims
and suits, including the defense thereof, when damages | ||||||||||||||||||||||||||
13 | are sought for negligent
or wrongful acts alleged to have been | ||||||||||||||||||||||||||
14 | committed in the scope of employment
or under the direction of | ||||||||||||||||||||||||||
15 | the trustees. Every retirement system, pension fund, or other | ||||||||||||||||||||||||||
16 | system or fund established under this Code may indemnify and | ||||||||||||||||||||||||||
17 | protect consultants against all damage claims and suits, | ||||||||||||||||||||||||||
18 | including the defense thereof, when damages are sought for | ||||||||||||||||||||||||||
19 | negligent or wrongful acts alleged to have been committed in | ||||||||||||||||||||||||||
20 | the scope of employment or under the direction of the | ||||||||||||||||||||||||||
21 | trustees. However, the trustees, staff and
consultants shall | ||||||||||||||||||||||||||
22 | not be indemnified for wilful misconduct and gross negligence.
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23 | Each board is authorized to insure against loss or liability |
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1 | of the trustees,
staff and consultants which may result from | ||||||
2 | these damage claims. This insurance
shall be carried in a | ||||||
3 | company which is licensed to write such coverage in this | ||||||
4 | State.
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5 | (Source: P.A. 80-1364.)
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6 | Section 90. The State Mandates Act is amended by adding | ||||||
7 | Section 8.45 as follows:
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8 | (30 ILCS 805/8.45 new) | ||||||
9 | Sec. 8.45. Exempt mandate. Notwithstanding Sections 6 and | ||||||
10 | 8 of this Act, no reimbursement by the State is required for | ||||||
11 | the implementation of any mandate created by this amendatory | ||||||
12 | Act of the 102nd General Assembly.
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