Public Act 096-0484

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Public Act 096-0484

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Public Act 0484 96TH GENERAL ASSEMBLY 







 

 		


Public Act 096-0484
 		





SB1510 Enrolled
LRB096 08227 AMC 18333 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 3-113.2 as follows:
 
    (40 ILCS 5/3-113.2  new)
    Sec. 3-113.2. 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: 8/14/2009