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| | HB5547 Engrossed | | LRB098 18612 EFG 53753 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,
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| 3 | | represented in the General Assembly:
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| 4 | | Section 5. The Illinois Pension Code is amended by changing |
| 5 | | Section 6-190.1 as follows:
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| 6 | | (40 ILCS 5/6-190.1) (from Ch. 108 1/2, par. 6-190.1)
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| 7 | | Sec. 6-190.1. To have a budget. The board shall adopt an |
| 8 | | annual
budget at its regular January meeting. Beginning in |
| 9 | | 2015, the board shall adopt an annual
budget at its December |
| 10 | | meeting for the succeeding calendar year.
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| 11 | | (Source: P.A. 86-273.)
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