Pension Policy Commission Act

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Publisher : Forgotten Books
ISBN 13 : 9780266255840
Total Pages : 320 pages
Book Rating : 4.2/5 (558 download)

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Download or read book Report of Illinois Pension Laws Commission, Vol. 1 of 2 written by and published by Forgotten Books. This book was released on 2017-10-13 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Report of Illinois Pension Laws Commission, Vol. 1 of 2: Part I. Investigations With Certain Comparative Studies; Part II. Underlying Principles and Specific Recommendations for a Revised Pension Plan We find that, beginning with the year 1852, Illinois has enacted some 106 original or amending acts for pensions. As a result of this legislation, on January 1, 1916, there were in force, or likely to become in force, 20 such acts. Of these, 19 involve the expenditure of public money, and one is for the purpose of regulating pensions and main taining funds by assessment in the case of a private concern. Among them, the acts regulating mothers' pensions and pen sions for the blind, though popularly referred to as pension acts, are really not pension acts by their own terms, or, in fact, in the sense that under them payments are made as a reward for service rendered. In one case payment is granted merely as a relief of need with the view that it will be for the public good, and in the other as a part compensation for a physical affliction. Of the remainder, the act for the relief of army and navy veterans merely creates machinery for dealing with such individuals different from that designed for other indigent persons; and the Military Code and the Workmen's Compensation Act are designed primarily for the regulation of liability in the event of injury. After due delib cration, we took the view that, for the reasons stated, the five acts just mentioned did not come within the scope of the work outlined for us, and consequently, none of them has been given detailed consideration. The remaining acts are listed and their principal provisions given in outline in Appendix B. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.