Bill Text: IL SB2677 | 2011-2012 | 97th General Assembly | Introduced

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Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning judges.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB2677 Detail]

Download: Illinois-2011-SB2677-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 SB2677 Introduced 1/18/2012, by Sen. John J. Cullerton SYNOPSIS AS INTRODUCED:
40 ILCS 5/18-101 from Ch. 108 1/2, par. 18-101
Amends the Illinois Pension Code. Makes a technical change in a Section concerning judges.
LRB097 16102 EFG 61255 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
SB2677 LRB097 16102 EFG 61255 b
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 18-101 as follows:
(40 ILCS 5/18-101) (from Ch. 108 1/2, par. 18-101)
Sec. 18-101. Creation of fund.
A retirement system is created to be known as the the
"Judges Retirement System of Illinois". It shall be a trust
separate and distinct from all other entities, maintained for
the purpose of securing the payment of annuities and benefits
as prescribed herein.
(Source: Laws 1963, p. 161.)