(40 ILCS 5/22-402)
(from Ch. 108 1/2, par. 22-402)
Purpose of fund.
Each such pension fund is hereby declared to be created in the public
interest and for the general welfare of the State, and pursuant to the
governmental powers of the State, separate and apart from the corporate
purposes of the State, and of any county, city, town, municipal corporation
or body politic and corporate in the State, and in which such pension fund
is empowered to operate by virtue of the terms and provisions of the law
creating such pension fund.
(Source: Laws 1963, p. 161.)