State of Illinois
92nd General Assembly
Legislation

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[ Engrossed ][ House Amendment 002 ]


92_HB4506

 
                                               LRB9215750EGfg

 1        AN ACT in relation to public employee benefits.

 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 17-101 as follows:

 6        (40 ILCS 5/17-101) (from Ch. 108 1/2, par. 17-101)
 7        Sec.  17-101.  Creation  of  fund.   In  each city with a
 8    population over 500,000, there is  created  a  Public  School
 9    Teachers'  Pension  and Retirement Fund, to be maintained and
10    administered in the manner prescribed in  this  Article.   It
11    shall  and to be known as the Public School Teachers' Pension
12    and Retirement Fund of ....(city).
13    (Source: Laws 1963, p. 161.)

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