Illinois General Assembly - Full Text of SB0537
Illinois General Assembly

Previous General Assemblies

Full Text of SB0537  93rd General Assembly

SB0537 93rd General Assembly


093_SB0537

 
                                     LRB093 04107 LRD 04147 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 9-101 as follows:

 6        (40 ILCS 5/9-101) (from Ch. 108 1/2, par. 9-101)
 7        Sec.  9-101.  Creation  of  fund.  In each county of more
 8    than 3,000,000 inhabitants a County Employees' and  Officers'
 9    Annuity  and  Benefit  Fund  shall  be  created,  set  apart,
10    maintained and administered, in the manner prescribed in this
11    Article, for the benefit of the employees and officers herein
12    designated in this Article and their beneficiaries.
13    (Source: P.A. 90-32, eff. 6-27-97.)