Bill Text: IL HB0419 | 2013-2014 | 98th General Assembly | Introduced

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

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2014-12-03 - Session Sine Die [HB0419 Detail]

Download: Illinois-2013-HB0419-Introduced.html

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98TH GENERAL ASSEMBLY State of Illinois 2013 and 2014 HB0419 Introduced , by Rep. Michael J. Madigan 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.
LRB098 03244 JDS 33259 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB0419 LRB098 03244 JDS 33259 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.)