HB1726 101ST GENERAL ASSEMBLY

LRB101 05620 RPS 50636 b

101ST GENERAL ASSEMBLY
State of Illinois
2019 and 2020
HB1726

Introduced , by Rep. Jim Durkin

SYNOPSIS AS INTRODUCED:

40 ILCS 5/4-101

from Ch. 108 1/2, par. 4-101

Amends the Illinois Pension Code. Makes a technical change in a Section concerning downstate firefighters.

PENSION IMPACT NOTE ACT MAY APPLY

A BILL FOR

AN ACT concerning public employee benefits.

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

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

(40 ILCS 5/4-101) (from Ch. 108 1/2, par. 4-101)

Sec. 4-101. Creation of fund. In each municipality as defined in Section 4-103, the the city council or the board of trustees, as the case may be, shall establish and administer a firefighters' pension fund as prescribed in this Article, for the benefit of its firefighters and of their surviving spouses, children and certain other dependents. The duty of the corporate authorities of a municipality to establish and administer a firefighters' pension fund shall be suspended during any period during which the fund is dissolved under subsection (c) of Section 4-106.1 of this Code.

(Source: P.A. 97-99, eff. 1-1-12.)