HB5339 98TH GENERAL ASSEMBLY

LRB098 18061 EFG 53190 b

98TH GENERAL ASSEMBLY
State of Illinois
2013 and 2014
HB5339

Introduced , by Rep. David Harris

SYNOPSIS AS INTRODUCED:

40 ILCS 5/2-128

from Ch. 108 1/2, par. 2-128

Amends the General Assembly Article of the Illinois Pension Code. Provides that a vacancy in the office of an annuitant member of the board of trustees shall be filled for the unexpired term by the remaining members of the board with an annuitant of the System who has served in the General Assembly. Effective immediately.

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

Be it enacted by the People of the State of Illinois, represented in the General Assembly:

Section 5. The Illinois Pension Code is amended by changing Section 2-128 as follows:

(40 ILCS 5/2-128) (from Ch. 108 1/2, par. 2-128)

Sec. 2-128. Board vacancy. A vacancy in the office of an appointed or ex-officio member occurring during the session of the General Assembly shall be filled by appointment for the unexpired term in the manner provided in Section 2-127 for the initial selection of such members. A vacancy occurring during the interim recess of the General Assembly shall be filled by the Governor for the unexpired term.

An annuitant trustee shall be disqualified to serve as trustee upon removal of his or her permanent residence from the State of Illinois.

A vacancy in the office of an annuitant member shall be filled for the unexpired term by the remaining members of the board with an annuitant of the System who has served in the General Assembly.

(Source: P.A. 83-1440.)

Section 99. Effective date. This Act takes effect upon becoming law.