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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 1-101.3. Party in interest. A person is a “party in interest” with respect to a pension fund or retirement system established under this Code if the person is:
(1) a fiduciary, counsel, or employee of the pension fund or retirement system, or a relative of such a person;
(2) a person providing services to the pension fund or retirement system, or a relative of such a person;
(3) an employer, any of whose employees are covered by the pension fund or retirement system;
(4) an employee organization, any members of which are covered by the pension fund or retirement system; or
(5) an employee, officer, or director (or an individual having powers or responsibilities similar to those of an officer or director) of the pension fund or retirement system or of a person described under item (2), (3), or (4) of this Section.
Cite this article: FindLaw.com - Illinois Statutes Chapter 40. Pensions § 5/1-101.3. Party in interest - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-40-pensions/il-st-sect-40-5-1-101-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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