Illinois General Assembly - Full Text of SB0515

Home

Legislation & Laws

Senate

House

My Legislation

Site Map

Previous General Assemblies

Full Text of SB0515 97th General Assembly

Introduced
Printer-Friendly Version PDF Bill Status

SB0515 97TH GENERAL ASSEMBLY

97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012
SB0515

Introduced 2/8/2011, by Sen. John J. Cullerton

SYNOPSIS AS INTRODUCED:

40 ILCS 5/11-101   from Ch. 108 1/2, par. 11-101
    Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago laborers and retirement board employees.

LRB097 04277 JDS 44316 b

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

SB0515 LRB097 04277 JDS 44316 b

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 11-101 as follows:

6     (40 ILCS 5/11-101)  (from Ch. 108 1/2, par. 11-101)
7     Sec. 11-101. Creation of fund.
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.)

×