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91_HR0158
LRB9106278EGfgA
1 HOUSE RESOLUTION
2 BE IT RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
3 NINETY-FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
4 there is hereby created a Task Force on Public and Private
5 Pension Portability, which shall consist of 17 members, as
6 follows:
7 (1) Eight members of the General Assembly, 2 each
8 appointed by the President of the Senate, the Senate
9 Minority Leader, the Speaker of the House, and the House
10 Minority Leader;
11 (2) Five public members appointed by the Governor,
12 one of whom shall be designated by the Governor to act as
13 chairperson of the Task Force;
14 (3) Two members appointed by the chairperson of the
15 Commission on the Status of Women;
16 (4) The Executive Director of the Pension Laws
17 Commission, or his or her designee; and
18 (5) A representative of the Public Pension Division
19 of the Department of Insurance, designated by the
20 Director of Insurance; and be it further
21 RESOLVED, That the members of the Task Force shall serve
22 without compensation; and be it further
23 RESOLVED, That the Task Force shall examine and consider
24 the advisability of changing the law governing the
25 portability of public and private employee pension benefits,
26 and the Task Force shall report its findings and
27 recommendations to the Governor and the General Assembly by
28 March 1, 2000; and be it further
29 RESOLVED, That upon the submission of its report, the
30 Task Force is abolished; and be it further
31 RESOLVED, That the Pension Laws Commission and the
32 Public Pension Division of the Department of Insurance shall
-2- LRB9106278EGfgA
1 provide any technical or clerical support that may be
2 required by the Task Force; and be it further
3 RESOLVED, That the Illinois State Board of Investment
4 and all pension funds and retirement systems subject to the
5 Illinois Pension Code shall cooperate with the Task Force and
6 shall upon request provide the Task Force with any
7 information or assistance that it may find necessary or
8 useful for the performance of its duties; and be it further
9 RESOLVED, That copies of this Resolution shall be
10 delivered to the Governor, the President and Minority Leader
11 of the Senate, the Executive Director of the Pension Laws
12 Commission, the Chairperson of the Commission on the Status
13 of Women, and the Director of Insurance.