Illinois General Assembly - Full Text of HB3193

Sen. Robert F. Martwick

Filed: 5/28/2025

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AMENDMENT TO HOUSE BILL 3193

AMENDMENT NO. ______. Amend House Bill 3193, AS AMENDED, with reference to page and line numbers of Senate Amendment No. 2, on page 20, by replacing lines 7 through 23 with the following:

"(40 ILCS 5/1-107) (from Ch. 108 1/2, par. 1-107)

Sec. 1-107. Indemnification of trustees, consultants, and employees of retirement systems and pension funds. Every retirement system, pension fund, or other system or fund established under this Code shall may indemnify and protect the trustees and , staff and consultants against all damage claims and suits, including the defense thereof, when damages are sought for negligent or wrongful acts alleged to have been committed in the scope of employment or under the direction of the trustees. Every retirement system, pension fund, or other system or fund established under this Code may indemnify and protect its consultants against all damage claims and suits, including the defense thereof, when damages are sought for negligent or wrongful acts alleged to have been committed in the scope of employment or under the direction of the trustees. However, the trustees, staff, and consultants shall not be indemnified for willful wilful misconduct and gross negligence. Each board is authorized to insure against loss or liability of the trustees, staff and consultants which may result from these damage claims. This insurance shall be carried in a company which is licensed to write such coverage in this State.

(Source: P.A. 80-1364.)"; and

on page 121, by deleting lines 10 through 20.