SB0687 amends the Illinois Pension Code to correct a technical error in the naming of the Judges Retirement System of Illinois.
SB0687 amends the Illinois Pension Code to correct a technical error in the naming of the Judges Retirement System of Illinois. The bill ensures the system is properly identified as a separate and distinct trust for securing the payment of annuities and benefits. This change aligns the statutory language with the intended purpose of the retirement system.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.