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23-1283
| 1 | | Pension minutes from the meeting of 9/21/2022 | Committee Minutes | COMMITTEE MINUTES
Approval of the minutes from the meeting of 9/21/2022 | approve | Pass |
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23-1178
| 1 | | REQUESTING A HEARING OF THE COOK COUNTY PENSION COMMITTEE | Resolution | PROPOSED RESOLUTION
REQUESTING A HEARING OF THE COOK COUNTY PENSION COMMITTEE TO DISCUSS THE FINANCIAL IMPLICATIONS OF PENSION LEGISLATION
WHEREAS, the Illinois Pension Code (40 ILCS 5/9-101) establishes the creation of a pension fund in each county of more than 3,000,000 inhabitants a County Employees' and Officers' Annuity and Benefit Fund shall be created, set apart, maintained and administered, in the manner prescribed in this Article, for the benefit of the employees and officers herein designated and their beneficiaries, and;
WHEREAS, the County Employees’ and Officers’ Annuity and Benefit Fund is a single defined benefit, single employer pension and other post-employment benefits plan established by Illinois Compiled Statutes (Chapter 40, Acts 5/9 and 5/10), and;
WHEREAS, the Cook County Pension Fund provides pension, disability and other benefits to employees of both Cook County and the Forest Preserve District. While the County Fund and the Forest Fund are separate entities, the benefits provided to Cook County employees and Forest Preserve District employees a | defer | Pass |
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