Illinois HB0699 amends the Illinois Pension Code to make a technical change to the General Assembly Retirement System.
Illinois HB0699 amends the Illinois Pension Code by modifying Section 2-101 concerning the General Assembly Retirement System. The bill makes a technical change to the description of the system, which provides retirement annuities, survivor's annuities, and other benefits for members of the General Assembly, certain elected state officials, and their beneficiaries. The system's funds and property are maintained as a separate trust to secure payment of these benefits.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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