{"data":{"id":"us-il/40-ilcs-5-16-101","jurisdiction":"us-il","citation":"40 ILCS 5/16-101","heading":"Creation of system.","body":"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.","path":["CHAPTER 40 PENSIONS","Illinois Pension Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=638\u0026ChapterID=9\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:20Z","sha256":"363fe8ed4181baaae65230a06e431d68901db7ccdb5677a62433ff05177654ff","source_id":"us-il","stale":false,"prev":"us-il/40-ilcs-5-15-202","next":"us-il/40-ilcs-5-16-102"},"notice":"GroundRules: Original legal text. Not legal advice."}