Bill Text: IL HB3595 | 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 Chicago municipal employees, officers, and officials.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Failed) 2013-01-08 - Session Sine Die [HB3595 Detail]

Download: Illinois-2011-HB3595-Introduced.html

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97TH GENERAL ASSEMBLY State of Illinois 2011 and 2012 HB3595 Introduced 2/24/2011, by Rep. Harry Osterman SYNOPSIS AS INTRODUCED:
40 ILCS 5/8-101 from Ch. 108 1/2, par. 8-101
Amends the Illinois Pension Code. Makes a technical change in a Section concerning Chicago municipal employees, officers, and officials.
LRB097 09563 JDS 49700 b
PENSION IMPACT NOTE ACT MAY APPLY
A BILL FOR
HB3595 LRB097 09563 JDS 49700 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 8-101 as follows:
(40 ILCS 5/8-101) (from Ch. 108 1/2, par. 8-101)
Sec. 8-101. Creation of fund.
In each city of more than 500,000 inhabitants a Municipal
Employees', Officers', and and Officials' Annuity and Benefit
Fund shall be created, set apart, maintained and administered,
in the manner prescribed in this Article, for the benefit of
the employees, officers and officials herein designated, and
their beneficiaries.
(Source: Laws 1963, p. 161.)