93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004
HB5940

 

Introduced 2/6/2004, by Tom Cross

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/7-101   from Ch. 108 1/2, par. 7-101

    Amends the Illinois Pension Code. Makes a technical change concerning the Illinois Municipal Retirement Fund.


LRB093 17742 LRD 43422 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

HB5940 LRB093 17742 LRD 43422 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 7-101 as follows:
 
6     (40 ILCS 5/7-101)  (from Ch. 108 1/2, par. 7-101)
7     Sec. 7-101. Creation of Illinois Municipal Retirement Fund
8 fund. A retirement and benefit fund to be known as the
9 "Illinois Municipal Retirement Fund" is hereby created.
10 (Source: Laws 1963, p. 161.)