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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026 SB1069 Introduced 1/24/2025, by Sen. John F. Curran SYNOPSIS AS INTRODUCED: | | 40 ILCS 5/14-101 | from Ch. 108 1/2, par. 14-101 |
| Amends the Illinois Pension Code. Makes a technical change in a Section concerning State employees. |
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| | A BILL FOR |
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| | SB1069 | | LRB104 05407 RPS 15436 b |
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| 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.) |