Public Act 097-0041
 
SB1278 EnrolledLRB097 05069 JDS 45110 b

    AN ACT concerning public employee benefits.
 
    Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
 
    Section 5. The Illinois Pension Code is amended by adding
Section 4-115.2 as follows:
 
    (40 ILCS 5/4-115.2 new)
    Sec. 4-115.2. Dependent beneficiaries; payment to trust.
Any benefit to be received by or paid to a dependent
beneficiary may be received by or paid to a trust established
for such dependent beneficiary if the dependent beneficiary is
living at the time such benefit would be received by or paid to
such trust.
 
    Section 99. Effective date. This Act takes effect upon
becoming law.

Effective Date: 6/28/2011