Bill Text: IL HB1559 | 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 judges.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2009-04-03 - Rule 19(a) / Re-referred to Rules Committee [HB1559 Detail]

Download: Illinois-2009-HB1559-Introduced.html

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96TH GENERAL ASSEMBLY State of Illinois 2009 and 2010 HB1559 Introduced 2/18/2009, by Rep. Michael J. Madigan - Barbara Flynn Currie - Kevin A. McCarthy 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.
LRB096 05118 AMC 15184 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB1559 LRB096 05118 AMC 15184 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.)