40 ILCS 5/14-132

Current through Public Act 103-593
Section 40 ILCS 5/14-132 - [Text of Section WITHOUT the changes made by P.A. 98-599, which has been held unconstitutional] Obligations of State; funding guarantee
(a) The payment of the required department contributions, all allowances, annuities, benefits granted under this Article, and all expenses of administration of the system are obligations of the State of Illinois to the extent specified in this Article.
(b) All income of the system shall be credited to a separate account for this system in the State treasury and shall be used to pay allowances, annuities, benefits and administration expense.

40 ILCS 5/14-132

P.A. 80-841.
This section is set out more than once due to postponed, multiple, or conflicting amendments.