Pension Statutes

You can click on the “View More” links for the respective pertinent statues of the Illinois Pension Code from the Illinois General Assembly.

House Pension Impact Notes – 101st General Assembly – Impact Notes (April 5, 2019)

Senate Pension Impact Notes – 101st General Assembly – Impact Notes (April 5, 2019)

Legislative Information System – 101st General Assembly – Pension Bills (May 11, 2020)

Legislative Information System – 101st General Assembly – All Bills in Order (May 11, 2020)

Pension Working Group

What is the Pension Working Group?

Public Act 096-0006 amends the State Treasurer Act to add a new Section titled “working group; peer cost comparison.” The Treasurer shall convene a working group consisting of representatives from the retirement systems, pension funds, and investment board created under the Illinois Pension Code, persons that provide investment services, and members of the financial industry. The working group shall review the performance of investment managers and consultants providing investment services for the retirement systems, pension funds, and investment board created under the Illinois Pension Code. The group shall develop uniform standards for comparing the costs of investment services and make recommendations to the retirement systems, pension funds, and investment board. In performing its functions under this Section, the working group shall work in coordination with the Commission on Government Forecasting and Accountability. The Office of the State Treasurer shall provide administrative assistance to the working group as the group deems necessary and appropriate. The working group shall draft a report, and the Treasurer must submit such report, to the Governor and the General Assembly by January 1, 2011.

On March 12, 2010 James McNamee was notified by Alex Giannoulias, Illinois State Treasurer, of his appointment to the Pension Working Group.

At the first meeting (April 5, 2010) of the Pension Working Group, James McNamee was unanimously elected to be the Chair Person.

Pension Working Group Appointees

County Employees’ Annunity & Benefit Fund
Nickol Hackett, Chief Fiscal Officer

Fireman’s Annuity & Benefit Fund of Chicago
Anthony Martin, Secretary

General Assembly Retirement System
Timothy Blair, Acting Executive Secretary

Illinios Municipal Retirement Fund
Walter Koziol, Chief Investment Officer

Illinois Public Pension Fund Association
James McNamee, President

Illinois State Board of Investments
William R. Atwood, Executive Director

Judges’ Retirement System
Justice Thomas Hoffman

Labors’ and Retirement Board Employees’
Annunity & Benefit Fund of Chicago
James Capasso, Jr., Executive Director

Metropolitan Water Reclamation District Retirement Fund
Susan A. Boutin, Executive Director

Municipal Employees’ Annunity & Benefit Fund of Chicago
James Mohler, Chief Investment Officer

Park Employees’ Annunity & Benefit Fund
Luke J. Howe, Executive Director

Chicago Teachers’ Pension Fund
Kevin B. Huber, Executive Director

Regional Transit Authority
Joseph Costello, Chief Fiscal Officer

State Teacher’s Retriement System
Stan Rupnik, Chief Investment Officer

State Universities Retirement System of Illinois
Daniel L. Allen, Chief Investment Officer

Franklin Park, LLC
Brad Atkins, CEO

Segall, Bryant & Hamill
Phil Hildebrandt, CEO

Adams Street Partners
Miguel F. Gonzalo, Parner

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