98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB0407

 

Introduced 1/25/2013, by Rep. Michael J. Madigan

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/13-101  from Ch. 108 1/2, par. 13-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Metropolitan Water Reclamation District.


LRB098 03239 JDS 33254 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB0407LRB098 03239 JDS 33254 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by changing
5Section 13-101 as follows:
 
6    (40 ILCS 5/13-101)  (from Ch. 108 1/2, par. 13-101)
7    Sec. 13-101. Creation of Fund. In each sanitary district
8organized under the the Metropolitan Water Reclamation
9District Act, a Sanitary District Employees' and Trustees'
10Annuity and Benefit Fund shall be created, set apart,
11maintained and administered, in the manner prescribed in this
12Article for the benefit of the employees herein designated and
13their beneficiaries. Beginning January 1, 1992, the Fund shall
14be known as the Metropolitan Water Reclamation District
15Retirement Fund.
16(Source: P.A. 87-794.)