102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
Introduced 2/26/2021, by Sen. Robert F. Martwick
SYNOPSIS AS INTRODUCED:
Amends the Illinois Pension Code. Makes a technical change in a
Section concerning the Police Officers' Pension Investment Fund.
|PENSION IMPACT NOTE ACT MAY APPLY|
A BILL FOR
|SB1579||LRB102 12793 RPS 18133 b|
AN ACT concerning public employee benefits.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Illinois Pension Code is amended by
changing Section 22B-101 as follows:
(40 ILCS 5/22B-101)
Pension Investment Fund is created with authority to manage
the reserves, funds, assets, securities, properties, and
moneys of the police pension funds created pursuant to Article
3 of this Code, all as provided in this Article.
(Source: P.A. 101-610, eff. 1-1-20.)