Illinois Compiled Statutes 40 ILCS 5 Illinois Pension Code. Section 1-101.3

    (40 ILCS 5/1-101.3)

    Sec. 1-101.3. Party in interest. A person is a "party in interest" with respect to a pension fund or retirement system established under this Code if the person is:

        (1) a fiduciary, counsel, or employee of the pension

    fund or retirement system, or a relative of such a person;

        (2) a person providing services to the pension fund

    or retirement system, or a relative of such a person;

        (3) an employer, any of whose employees are covered

    by the pension fund or retirement system;

        (4) an employee organization, any members of which

    are covered by the pension fund or retirement system; or

        (5) an employee, officer, or director (or an

    individual having powers or responsibilities similar to those of an officer or director) of the pension fund or retirement system or of a person described under item (2), (3), or (4) of this Section.

(Source: P.A. 90-507, eff. 8-22-97.)

Sections:  Previous  1-101  1-101.1  1-101.2  1-101.3  1-101.4  1-101.5  1-102  1-103  1-103.1  1-103.2  1-103.3  1-104  1-104.1  1-104.2  Next

Last modified: February 18, 2015