Bill Text: IL SB1069 | 2025-2026 | 104th General Assembly | Introduced
Bill Title: Amends the Illinois Pension Code. Makes a technical change in a Section concerning State employees.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2025-04-11 - Rule 3-9(a) / Re-referred to Assignments [SB1069 Detail]
Download: Illinois-2025-SB1069-Introduced.html
| ||||||||||||||||||||
| ||||||||||||||||||||
| ||||||||||||||||||||
| 1 | AN ACT concerning public employee benefits.
| |||||||||||||||||||
| 2 | Be it enacted by the People of the State of Illinois, | |||||||||||||||||||
| 3 | represented in the General Assembly:
| |||||||||||||||||||
| 4 | Section 5. The Illinois Pension Code is amended by | |||||||||||||||||||
| 5 | changing Section 14-101 as follows:
| |||||||||||||||||||
| 6 | (40 ILCS 5/14-101) (from Ch. 108 1/2, par. 14-101) | |||||||||||||||||||
| 7 | Sec. 14-101. Creation of system. A retirement and and | |||||||||||||||||||
| 8 | benefit system is created to provide retirement annuities and | |||||||||||||||||||
| 9 | other benefits for employees of the State of Illinois. The | |||||||||||||||||||
| 10 | system shall be known as the "State Employees' Retirement | |||||||||||||||||||
| 11 | System of Illinois". By such name all its business shall be | |||||||||||||||||||
| 12 | transacted and its cash and other property held in trust for | |||||||||||||||||||
| 13 | the purposes of this Article. | |||||||||||||||||||
| 14 | (Source: P.A. 80-841.) | |||||||||||||||||||
