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| | 104TH GENERAL ASSEMBLY
State of Illinois
2025 and 2026
HB0732 Introduced 1/9/2025, by Rep. Emanuel "Chris" Welch 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. |
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| | A BILL FOR |
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| | HB0732 | | LRB104 04625 RPS 14652 b |
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| 1 | | AN ACT concerning public employee benefits.
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| 2 | | Be it enacted by the People of the State of Illinois, |
| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Pension Code is amended by |
| 5 | | changing Section 18-101 as follows:
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| 6 | | (40 ILCS 5/18-101) (from Ch. 108 1/2, par. 18-101) |
| 7 | | Sec. 18-101. Creation of fund. A retirement system is |
| 8 | | created to be known as the the "Judges Retirement System of |
| 9 | | Illinois". It shall be a trust separate and distinct from all |
| 10 | | other entities, maintained for the purpose of securing the |
| 11 | | payment of annuities and benefits as prescribed herein. |
| 12 | | (Source: Laws 1963, p. 161.) |