093_HB0596eng
HB0596 Engrossed LRB093 05641 EFG 05734 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 6-101 as follows:
6 (40 ILCS 5/6-101) (from Ch. 108 1/2, par. 6-101)
7 Sec. 6-101. Creation of fund. In each city of more than
8 500,000 inhabitants, a firemen's annuity and benefit fund
9 shall be created, set apart, and maintained, for the benefit
10 of its firemen, their widows, children and parents, and of
11 all contributors to, participants in, and beneficiaries of
12 any firemen's pension fund in operation, by authority of law,
13 in thesuch city immediately prior to the effective date. For
14 the purposes of this Article, the firemen's annuity and
15 benefit fund may be referred to as the "fund".
16 (Source: Laws 1963, p. 161.)