|
|
|
|
94TH GENERAL ASSEMBLY
State of Illinois
2005 and 2006
HB3809
Introduced 2/25/2005, by Rep. Mike Boland SYNOPSIS AS INTRODUCED:
|
|
|
|
Amends the General Provisions Article of the Illinois Pension Code. Provides for the creation of a policy commission to establish a uniform policy for the resolution of contested board elections, which shall be adopted by the boards of trustees of the 5 State-funded retirement systems. Effective immediately.
|
| |
|
|
| FISCAL NOTE ACT MAY APPLY | |
PENSION IMPACT NOTE ACT MAY APPLY |
|
|
|
A BILL FOR
|
|
|
|
|
HB3809 |
|
LRB094 10049 AMC 40307 b |
|
|
| 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 adding |
| 5 |
| Section 1-124 as follows:
|
| 6 |
| (40 ILCS 5/1-124 new)
|
| 7 |
| Sec. 1-124. Pension Election Policy Commission. |
| 8 |
| (a) There is hereby created the Pension Election Policy |
| 9 |
| Commission, which shall consist of the following members: |
| 10 |
| (1) Two members appointed by the Speaker of the House |
| 11 |
| of Representatives; |
| 12 |
| (2) Two members appointed by the Minority Leader of the |
| 13 |
| House of Representatives; |
| 14 |
| (3) Two members appointed by the President of the |
| 15 |
| Senate; |
| 16 |
| (4) Two members appointed by the Minority Leader of the |
| 17 |
| Senate; |
| 18 |
| (5) Two members appointed by the Governor; |
| 19 |
| (6) Two members appointed by the Lieutenant Governor;
|
| 20 |
| (7) Two members appointed by the Treasurer; and |
| 21 |
| (8) Two members appointed by the Comptroller. |
| 22 |
| (b) The Commission shall meet at least quarterly and shall |
| 23 |
| accept testimony and comments from the public at its meetings.
|
| 24 |
| (c) On or before January 1, 2006, the Commission shall |
| 25 |
| establish a uniform policy for the resolution of contested |
| 26 |
| board elections, as well as a consistent policy for voting on |
| 27 |
| shareholder resolutions, which shall be adopted by the |
| 28 |
| following boards of trustees: |
| 29 |
| (1) The Board of Trustees of the General Assembly |
| 30 |
| Retirement System;
|
| 31 |
| (2) The Board of Trustees of the State Employees' |
| 32 |
| Retirement System of Illinois;
|