SB0676 amends the Illinois Pension Code to create a retirement and benefit system for state employees.
SB0676 amends the Illinois Pension Code by changing Section 14-101 to create a retirement and benefit system for state employees. This system, known as the "State Employees' Retirement System of Illinois," will provide retirement annuities and other benefits. The system's business will be conducted under this name, and its assets will be held in trust for the state.
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- Core Provisions
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- Legal Framework
- Critical Issues
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