093_SB1708

 
                                     LRB093 02826 LRD 02842 b

 1        AN ACT in relation to pensions.

 2        Be  it  enacted  by  the People of the State of Illinois,
 3    represented in the General Assembly:

 4        Section  5.  The Illinois  Pension  Code  is  amended  by
 5    changing Section 3-101 as follows:

 6        (40 ILCS 5/3-101) (from Ch. 108 1/2, par. 3-101)
 7        Sec.   3-101.    Creation   of   pension  fund.  In  each
 8    municipality, as defined in Section 3-103, the  city  council
 9    or the board of trustees, as the case may be, shall establish
10    and  administer  a police pension fund, as prescribed in this
11    Article, for the benefit of its police officers and of  their
12    surviving spouses, children, and certain other dependents.
13    (Source: P.A. 83-1440.)