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92_SB0268sam001
LRB9204400EGfgam01
1 AMENDMENT TO SENATE BILL 268
2 AMENDMENT NO. . Amend Senate Bill 268 by replacing
3 everything after the enacting clause with the following:
4 "Section 5. The Illinois Pension Code is amended by
5 changing Section 14-101 as follows:
6 (40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101)
7 Sec. 14-101. Creation of retirement system. A retirement
8 and benefit system is created to provide retirement annuities
9 and other benefits for employees of the State of Illinois.
10 The system shall be known as the "State Employees' Retirement
11 System of Illinois". By such name all its business shall be
12 transacted and its cash and other property held in trust for
13 the purposes of this Article.
14 (Source: P.A. 80-841.)
15 Section 99. Effective date. This Act takes effect upon
16 becoming law.".