Ill. Admin. Code tit. 2 § 2375.210

Current through Register Vol. 48, No. 49, December 6, 2024

Section 2375.210 - Organization of the State Employees' Retirement System

a) As provided in Article 14 of the Illinois Pension Code (Ill. Rev. Stat. 1983, ch. 108 1/2 par. 14-101 et seq.) responsibility for the operation of the System is vested in a Board of Trustees. The Board consists of thirteen Trustees as follows:

1) Comptroller who shall be Chairperson;

2) Six Trustees appointed by the Governor with the advice and consent of the Senate who may not be members of the System or hold an elective State office and who shall serve terms in the manner prescribed by Section 14-135 of the Illinois Pension Code;

3) Four active participants of the System having at least 8 years of creditable service, to be elected by the contributing members of the System as provided in Section 14-134.1 of the Illinois Pension Code; and

4) Two annuitants of the System who have been annuitants for at least one full year, to be elected by the annuitants of the System as provided in Section 14-134.1.

b) The Comptroller shall be an Ex-Officio member and shall serve as a Trustees during his or her term of office.

c) The administration of the detailed affairs of the System is the responsibility of the Executive Secretary who is appointed by the Board of Trustees.

Ill. Admin. Code tit. 2, § 2375.210

Amended at 10 Ill. Reg. 1916, effective January 10, 1986

Amended at 41 Ill. Reg. 4212, effective 3/22/2017