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| | 99TH GENERAL ASSEMBLY
State of Illinois
2015 and 2016 SB2714 Introduced 2/16/2016, by Sen. Christine Radogno SYNOPSIS AS INTRODUCED: | | 40 ILCS 5/4-101 | from Ch. 108 1/2, par. 4-101 |
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Amends the Illinois Pension Code. Makes a technical change in a Section
concerning downstate firefighters.
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| | | PENSION IMPACT NOTE ACT MAY APPLY | |
| | A BILL FOR |
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| | SB2714 | | LRB099 16899 EFG 41246 b |
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1 | | AN ACT concerning public employee benefits.
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2 | | Be it enacted by the People of the State of Illinois, |
3 | | represented in the General Assembly:
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4 | | Section 5. The Illinois Pension Code is amended by changing |
5 | | Section 4-101 as follows:
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6 | | (40 ILCS 5/4-101) (from Ch. 108 1/2, par. 4-101)
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7 | | Sec. 4-101. Creation of fund. In each municipality as |
8 | | defined in Section 4-103, the
the city council or
the board of |
9 | | trustees, as the case may be, shall establish and administer
a |
10 | | firefighters' pension fund as
prescribed in this Article, for |
11 | | the
benefit of its firefighters
and of their surviving spouses,
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12 | | children and certain other dependents. The duty of the |
13 | | corporate authorities of a municipality to establish and |
14 | | administer a firefighters' pension fund shall be suspended |
15 | | during any period during which the fund is dissolved under |
16 | | subsection (c) of Section 4-106.1 of this Code. |
17 | | (Source: P.A. 97-99, eff. 1-1-12.)
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