(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.)
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Last modified: February 18, 2015