Illinois General Assembly - Full Text of SB1579
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Full Text of SB1579  102nd General Assembly

SB1579 102ND GENERAL ASSEMBLY

  
  

 


 
102ND GENERAL ASSEMBLY
State of Illinois
2021 and 2022
SB1579

 

Introduced 2/26/2021, by Sen. Robert F. Martwick

 

SYNOPSIS AS INTRODUCED:
 
40 ILCS 5/22B-101

    Amends the Illinois Pension Code. Makes a technical change in a Section concerning the Police Officers' Pension Investment Fund.


LRB102 12793 RPS 18133 b

PENSION IMPACT NOTE ACT MAY APPLY

 

 

A BILL FOR

 

SB1579LRB102 12793 RPS 18133 b

1    AN ACT concerning public employee benefits.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Pension Code is amended by
5changing Section 22B-101 as follows:
 
6    (40 ILCS 5/22B-101)
7    Sec. 22B-101. Establishment. The The Police Officers'
8Pension Investment Fund is created with authority to manage
9the reserves, funds, assets, securities, properties, and
10moneys of the police pension funds created pursuant to Article
113 of this Code, all as provided in this Article.
12(Source: P.A. 101-610, eff. 1-1-20.)