Bill Text: IL HB1102 | 2009-2010 | 96th General Assembly | Introduced

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

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-03-13 - Rule 19(a) / Re-referred to Rules Committee [HB1102 Detail]

Download: Illinois-2009-HB1102-Introduced.html

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96TH GENERAL ASSEMBLY State of Illinois 2009 and 2010 HB1102 Introduced 2/11/2009, by Rep. Kevin A. McCarthy SYNOPSIS AS INTRODUCED:
40 ILCS 5/16-101 from Ch. 108 1/2, par. 16-101
Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate teachers.
LRB096 10240 AMC 20408 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB1102 LRB096 10240 AMC 20408 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 16-101 as follows:
(40 ILCS 5/16-101) (from Ch. 108 1/2, par. 16-101)
Sec. 16-101. Creation of system. Effective July 1, 1939,
there is created the the "Teachers' Retirement System of the
State of Illinois" for the purpose of providing retirement
annuities and other benefits for teachers, annuitants and
beneficiaries. All of its business shall be transacted, its
funds invested, and its assets held in such name.
(Source: P.A. 83-1440.)