(40 ILCS 5/16-101) (from Ch. 108 1/2, par. 16-101)
Sec. 16-101. Creation of system. Effective July 1, 1939, there is created the "Teachers' Retirement System of the State of Illinois" for the purpose of providing retirement annuities and other benefits for teachers, annuitants and beneficiaries. All of its business shall be transacted, its funds invested, and its assets held in such name.
(Source: P.A. 83-1440.)
Sections: 16-101 16-102 16-103 16-104 16-105 16-106 16-106.1 16-106.2 16-106.3 16-106.4 16-106.6 16-107 16-108 16-109 Next
Last modified: February 18, 2015