Bill Amendment: IL SB0528 | 2019-2020 | 101st General Assembly

NOTE: For additional amemendments please see the Bill Drafting List

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Bill Title: PEN CD-GA-BOARD OF TRUSTEES

Status: 2019-08-09 - Public Act . . . . . . . . . 101-0307 [SB0528 Detail]

Download: Illinois-2019-SB0528-Senate_Amendment_001.html

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Sen. John J. Cullerton

Filed: 4/5/2019

10100SB0528sam001 LRB101 04289 RPS 58501 a
AMENDMENT TO SENATE BILL 528
AMENDMENT NO. ______. Amend Senate Bill 528 by replacing
everything after the enacting clause as follows:
"Section 5. The Illinois Pension Code is amended by
changing Section 2-127 as follows:
(40 ILCS 5/2-127) (from Ch. 108 1/2, par. 2-127)
Sec. 2-127. Board created. The system shall be administered
by a board of trustees of 7 members as follows: 3 the President
of the Senate, ex officio, or his designee; 2 members of the
Senate appointed by the President; 3 members of the House of
Representatives appointed by the Speaker; and one person
elected from the member annuitants under rules prescribed by
the board. Only participants are eligible to serve as board
members. Not more than 2 two members of the House of
Representatives, and not more than 2 members one member of the
Senate so appointed shall be of the same political party.

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Appointed board members shall serve for 2-year terms. If the
office of President of the Senate or Speaker of the House is
vacant or its incumbent is not a participant, the position of
trustee otherwise occupied by such officers shall be deemed
vacant and be filled by appointment by the Governor with a
member of the Senate or the House, as the case may be. This
appointment shall be of the same political party as the vacated
position.
Elections for the annuitant member shall be held in January
of 1993 and every fourth year thereafter. Nominations and
elections shall be conducted in accordance with such procedures
as the Board may prescribe. In the event that only one eligible
person is nominated, the Board may declare the nominee elected
at the close of the nomination period, and need not conduct an
election. The annuitant member elected in 1989 shall serve for
a term of 4 years beginning February 1, 1989; thereafter, an
annuitant member shall serve for a period of 4 years from the
February 1st immediately following the date of election, and
until a successor is elected and qualified.
Every person designated to serve as a trustee shall take an
oath of office and shall thereupon qualify as a trustee. The
oath shall state that the person will diligently and honestly
administer the affairs of the system, and will not knowingly
violate or wilfully permit the violation of any of the
provisions of this Article.
(Source: P.A. 86-273; 86-1488.)

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