093_SB1723

 
                                     LRB093 02841 LRD 02857 b

 1        AN ACT in relation to pensions.

 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
 5    changing Section 18-101 as follows:

 6        (40 ILCS 5/18-101) (from Ch. 108 1/2, par. 18-101)
 7        Sec.  18-101.  Creation  of fund.  A retirement system is
 8    created to be known  as  the  "Judges  Retirement  System  of
 9    Illinois". It shall be a trust separate and distinct from all
10    other  entities,  maintained  for the purpose of securing the
11    payment of annuities  and  benefits  as  prescribed  in  this
12    Article herein.
13    (Source: Laws 1963, p. 161.)