Illinois Statutes
§ 16-101 — Creation of system
Illinois·Topic GOVERNMENT·Ch. 40 PENSIONS·Act 40 ILCS 5/ Illinois Pension Code.·Art. Article 16 - Teachers' Retirement System Of The State Of Illinois
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.
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Legislative History
(Source: P.A. 83-1440.)
Nearby Sections
15
§ 16-101
Creation of system§ 16-102
Application of Article§ 16-103
Terms defined§ 16-104
Retirement system or system§ 16-105
Board§ 16-106
Teacher§ 16-106.1
Full-time teacher§ 16-106.2
Part-time teacher§ 16-106.3
Substitute teacher§ 16-106.4
(Repealed)§ 16-106.41
Tier 1 member§ 16-106.6
Teacher certification§ 16-107
Member§ 16-108
Prior service§ 16-109
Membership service