PUBLIC EMPLOYEE BENEFITS-TECH

HB 1533 is a technical correction to Section 22B-101 of the Illinois Pension Code, specifically updating the description of the Police Officers' Pension Investment Fund's establishment. It does not create new benefits or change policy; it only adjusts a technical reference in the existing law governing how the fund manages police pension assets. The bill directly affects the administrative framework of the fund but has no impact on benefits, funding, or eligibility for police officers. This is a procedural amendment with no substantive policy changes.